The worries of state procurement and storage agencies may accentuate, as the wheat crop this rabi season is likely to have a higher output this year. The Ministry of Agriculture has projected a crop size of 82 million tonnes as compared to 80.71 million tonnes last year. “Although a bonus of Rs 20 a quintal is a pittance, it will not dissuade farmers from growing wheat, as it is a stable crop...
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Rain damages 20 p.c. of kharif crops
Torrential rain over the past two weeks has damaged 20 per cent of the standing crops, and the loss has been estimated at Rs. 500 crore. Minister for Agriculture Umesh Katti told presspersons here on Thursday that crops about to be harvested were damaged in Chitradurga, Kodagu, Haveri, Shimoga, Chikmagalur, Mandya, Hassan, Gadag, Belgaum and Chickballapur districts. Crops such as jowar, paddy, maize, ragi and potato were damaged extensively in some...
More »Behind the curve
In the first week of September, two things happened in western Uttar Pradesh. The first is that a township that was supposed to be constructed in Aligarh district as part of the Yamuna Expressway project was scrapped. The second was that the UP government announced a revised compensation scheme for the acquisition of land. And now, more than two months later, that bears fruit: the township is back on, and...
More »Microfinance: What's wrong with it by M Rajshekhar
The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
More »India Marxists get life sentences for murder of farmers
A court in India has given life sentences to 44 Marxist supporters for killing 11 landless farmers supporting a rival party 10 years ago. The farmers were supporters of the state of West Bengal's opposition Trinamul Congress party. The 44 supporters of the Communist Party of India - Marxist (CPI-M) were convicted of murder and rioting. The convicted include CPI-M senior leaders Mohan Sheikh and Gopal Majhi and two senior rural body members. A...
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