-IANS New Delhi: India’s cash-driven agri sector continues to reel under the effects of demonetisation, with farmers growing fruits and vegetables suffering “huge losses”, say farm leaders who want the Union budget to “compensate” them for these losses. Amid reports of farmers dumping or refusing to harvest crops like tomatoes and peas due to a crash in prices as traders did not have the cash to purchase the produce, farmer leader Ajay...
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Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes
-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...
More »From plate to plough: Growth amidst gloom -Ashok Gulati
-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
More »Farm distress: Telangana's food output drops as paddy area shrinks -KV Kurmanath
-The Hindu Business Line Foodgrain output down 28.7% as paddy area shrinks Hyderabad: In the recent numbers released by the National Crimes Records Bureau (NCRB), Telangana stood second only to Maharashtra, with 1,400 farmers and farm labourers ending lives in the year 2015-16. The State had accounted for nearly 10 per cent of all 12,000 farm suicides reported that year. The latest numbers gathered by the Telangana government corroborated the serious distress in the...
More »Subsidy to farmers is misfiring, finds study -Mihika Basu
-Bangalore Mirror ICAR researchers say subsidised electricity benefitting only medium and large farmers Stating that the policy decision to provide free or subsidised electricity has been a key driver for widespread groundwater exploitation, estimates by ICAR-Indian Institute of Soil and Water Conservation, Research Centre, Ballari, reveal that in Karnataka, groundwater depletion has forced farmers to drill up to depths of 200 to 300 metres, costing about Rs 2.5-3 lakh for a successful...
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