-The Hindu Business Line Leaving aside a focus on warehousing and farm credit, the Budget has sprayed ₹100 crore across a clutter of schemes The new government's budget is marked by a fractured approach to the farm sector, where perhaps the most significant spend has been on irrigation, after the large allocation to farm credit. Credit push A sum of ₹1,000 crore sounds good if instead of large irrigation projects and canal networks, the...
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Stick to reform
-The Business Standard Do not roll back crucial food procurement reform Food Minister Ram Vilas Paswan, in an interview to this newspaper, has said that his ministry has not come to any "firm conclusion" on his directive to states about procurement. The Centre had told states to stop offering a bonus on top of the Centre's minimum support prices (MSPs) for wheat and rice, and to limit their procurement to match the...
More »Gender empowerment through family farms -Kanayo F Nwanze and MS Swaminathan
-The Asian Age In India and around the world, poverty is predominantly rural. Development agencies often note that 75 per cent of the world's extremely poor people - those who earn less than $1.25 a day - live in rural areas. New figures from the 2014 Multidimensional Poverty Index (MPI), which measures overlapping dimensions of deprivation, show that rural poverty rates are even higher in some regions. In South Asia, the...
More »98% households in villages under debt: Study -Sarbjit Dhaliwal
-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of banks in the state. At least 52.77 per cent rural households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...
More »Procurement target for rice set at 30 mt
-The Financial Express Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. This is a moderate revision from the previous year's kharif...
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