-TelanganaToday.news Promotion of small farmer economy will help escape the six-decade-old crisis and boost the sector in State Agriculture in Telangana, particularly being carried out by small and marginal farmers, is poised for a rapid transition in the coming years. More so, after the historical announcement of a major policy on promotion of small farmer economy by Chief Minister K Chandrashekhar Rao at the recently-held plenary. The first full-scale Budget of 2015-16 addressed...
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Decoding the Agony of the Indian Farmer -Nilanjan Banik
-TheWire.in Statistical analysis suggests that farmers in states that have amended the Agricultural Produce Market Committee Act are less likely to commit suicide, but further reforms are needed to reduce the incidence of farmer suicides across the country. Every summer, it is the same old story: drought and farmers committing suicide in India. Between 2012 and 2015, over 10,000 farmers killed themselves. Farmer suicides are a major cause of political contention, despite...
More »Waiving loans doesn't end the distress -Rajalakshmi Nirmal
-The Hindu Business Line The solution lies in better prices for produce, generating non-farm income, and reducing costs of Farming After the Yogi Adityanath government waived farm loans of about ?36,000 crore for UP farmers, pressure has mounted on other States to follow suit. But contrary to common belief, debt waivers aside from possibly guaranteeing electoral victory, do little to alleviate the plight of farmers. Neither do they help kick-start the rural...
More »Crop loan recovery rates see sharp decline in Maharashtra -Abhiram Ghadyalpatil
-Livemint.com Farmers are already refusing to repay loans in Maharashtra, expecting a waiver in the works on the lines of that in Uttar Pradesh Mumbai: Would you bother to repay a loan if it was going to be written off anyway? Probably not. There’s no farm loan waiver in Maharashtra yet, but farmers are already refusing to repay loans as they expect a waiver in the works, officials in the state’s co-operative banking...
More »Bets on India's normal monsoon seen at risk on El Nino outlook -Pratik Parija
-Livemint.com While initial monsoon forecast bodes well for the season that accounts for over 70% of annual rainfall, IMD also predicts of 50% chance of weak El Nino formation from Sept New Delhi: India’s annual monsoon forecast sends social media into overdrive and is splashed across newspapers. This year’s outlook has some analysts warning that weather watchers may be disappointed. India is set for a normal June to September monsoon, with rainfall...
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