-Business Standard Even as country stares at a possible drought, Mahatma Gandhi National Rural Employment Guarantee Scheme has hit a new low At a time when rural India is in distress, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which could have provided some relief, is itself facing its worst period ever. The number of people working under the scheme and the amount of work provided is dwindling, and the trend...
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Low rainfall may affect bank non-performing assets
-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...
More »Resurgent Rahul, farmer's suicide puts land bill on backburner
-IANS A resurgent Rahul Gandhi and the suicide of a farmer at an AAP rally in the capital seem to have made the NDA government re-think its strategy on the land acquisition bill and put it on the backburner - at least for now. Desperately trying to fight the "anti-farmer" tag, the government, which went into a huddle soon after a farmer committed suicide at the April 22 rally of Delhi chief...
More »If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha
-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...
More »257 farmers committed suicide in Maharashtra this year -Gargi Parsai
-The Hindu Agriculture a State subject, Central help supplementary: Minister The Maharashtra government has reported 257 suicides by farmers in the State between January and March this year resulting from the agrarian crisis. “The government of Maharashtra has reported that 257 farmers have committed suicide in the State due to agrarian reasons during the period January to March 2015,” Minister of State for Agriculture Mohanbhai Kundaria said in a written reply to a...
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