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Government outlays plan for credit boost to agriculture sector -Shayan Ghosh

-Livemint.com As announced by finance minister Nirmala Sitharaman, 25 million farmers who do not have a Kisan Credit Card will now be able to avail concessional credit The government on Thursday decided to boost the flow of credit to the agriculture by attempting to bring more farmers under the Kisan Credit Card (KCC) scheme and through an additional outlay for farm loan refinance. As announced by finance minister Nirmala Sitharaman, 25 million farmers...

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COVID-19 lockdown has impacted rural livelihoods severely, shows recent report by a group of NGOs

-Press release by VikasAnvesh Foundation, Sambodhi, Professional Assistance for Development Action (PRADAN), BAIF Development Research Foundation (BAIF), Action for Social Advancement (ASA), SATHI-UP, Aga Khan Rural Support Programme (AKRSP), Grameen Sahara and Transforming Rural India Foundation (TRIF), dated 13th May, 2020 One of the largest surveys to assess the impact of COVID 19 and the lockdowns on the rural poor was recently undertaken by leading Indian NGOs. The collaborating NGOs have footprints...

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Budget, a mixed bag for farmers -Sukhpal Singh

-The Hindu Business Line While proposals on agri-warehousing and viability-gap funding are positive, MGNREGA cutbacks could have been avoided The Economic Survey had a full chapter on agriculture and food management issues, highlighting the role of agricultural GDP; Minimum Support Price (MSP) regime, mechanisation of agriculture, Farm credit, crop insurance, agri research and education, including in allied sectors such as livestock and fisheries, food processing and agricultural trade, besides rationalisation of food...

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Budgetary allocations to agricultural and rural sector is meagre, alleges ASHA

-Press release by Alliance for Sustainable & Holistic Agriculture (ASHA) dated 1st February, 2020 New Delhi, February 1st 2020: A thorough analysis of the Budget shows that even though the Budget speech spoke much about Agriculture and Rural sector and a 16-point program, the allocations for the Rural Economy were in fact slashed in this Budget compared to previous year. The Budget allocation for Agriculture, Allied sectors and Irrigation in 2020-21...

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Farmers' group not impressed with Union Budget 2020-21

-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...

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