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Approval to comprehensive New Urea Policy 2015

-Press Information Bureau/ Cabinet The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to a comprehensive New Urea Policy 2015 for the next four financial years. The Policy has multiple objectives of maximizing indigenous urea production and promoting energy efficiency in urea units to reduce the subsidy burden on the Government. Savings in energy shall reduce the carbon-footprint and would thus be more environment friendly....

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300 farmer suicides in Marathwada since January -Mohammed Akhef & Prasad Joshi

-The Times of India AURANGABAD: With the worsening drought situation in the region, farmer suicides continue unabated this year. About 300 farmers have taken their lives since January this year. The highest number (83) of farmer suicides has been reported from Beed district, followed by Nanded with 55 deaths and Osmanabad with 50 cases. Last year, a total of 569 farmers in the region had taken their lives. Osmanabad is one of the...

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Indian agriculture at cross roads: MS Swaminathan

-ANI Chennai: Indian agriculture is at the cross roads, Dr. M.S. Swaminathan, father of India's first Green Revolution, has warned. Lamenting on the state of Indian farmers, especially farmers with small land-holdings, Dr. Swaminathan said, "The market economy certainly is not friendly to small farmers. WTO regulations are also hindrance. Even in the United States which is the heartland of the free market economy, farmers are insulated from market shocks through heavy...

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Too early to say deficit monsoon to hit rural lending -Abhijit Lele

-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

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Polythene-lined ponds to rescue farmers from unseasonal rains -Sowmya Aji

-The Economic Times BENGALURU: To fend off an agrarian crisis similar to the one sweeping across parts of north India and prevent farmer suicides, Karnataka has begun to implement a scheme to monsoon-proof the farmer that could turn out to be a national solution. About 35,000 farmers across the state's 175 taluks are implementing the pilot programme by setting up polythene-lined water storage ponds in their fields to prevent water seep age...

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