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Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra

-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...

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How not to treat agriculture -Jayati Ghosh

-Frontline If Budget 2015 is any indication, the Modi government is going beyond what could be called benign neglect of agriculture to policy moves that are likely to harm its viability. IT is scarcely surprising that farmers are upset with the Narendra Modi government. Indeed, the rosy dreams created by that famous campaign advertisement of the Bharatiya Janata Party (BJP), when farmers spoke of the high crop prices and better cultivation conditions...

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Deserted by policy -Jemima Rohekar& Jitendra

-Down to Earth Rajasthan's livestock is facing a threat as grazing lands disappear and laws paralyse traditional economic incentives for keepers Livestock has sustained the people of Rajasthan during times of drought or when agriculture was unviable. State government data suggests 80 per cent of rural families in Rajasthan keep livestock in their households, and 35 per cent of the total income of small and Marginal Farmers comes from dairy and animal...

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NC Saxena, former member of the Planning Commission and National Advisory Council, speaks to Kanika Datta

-Business Standard NC Saxena, former member of the Planning Commission and National Advisory Council has been critical of the land acquisition, rehabilitation and resettlement Act. He tells Kanika Datta why things are unlikely to improve with the amendments recently passed by the Lok Sabha. Edited excerpts: * You were critical of the LARR Act but less so of the ordinance. Why? Let me clarify. The 2013 Act was anti-farmer and anti-industry. The ordinance...

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Case for proper crop insurance scheme -Devinder Sharma

-Deccan Herald Make new entrants provide 40 per cent risk coverage to the farming sector on a household basis. Unseasonal rains and strong winds that lashed the entire north-western region have done immense damage to the standing crops. The Union Ministry of Agriculture has estimated damage to standing crops in 50 lakh hectares in Punjab, Haryana, Uttar Pradesh, Jammu & Kashmir, Himachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra. Coming after an extended...

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