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Wheat procurement will be lower this year -Gargi Parsai

-The Hindu The MSP is fixed for the Fair Average Quality of grain that is purchased by the FCI and its agencies. There is a growing concern in official circles about untimely rain and hail in the northern parts of the country hitting wheat procurement for the Public Distribution System by an estimated three million tonnes this year. This may not augur well for a country that is committed to providing cheap...

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Union Budget 2015-16: Injustice to Dalits and Adivasis -Bharat Dogra

-Maintream Weekly In order to reduce and remove the many-sided disadvantages and problems faced by Dalits and adivasis, sub-plans for the Scheduled Castes and Scheduled Tribes have been introduced to ensure adequate and justice-based availability of funds for these communities. Summarising the basic idea and rationale for this, the Planning Commission says: “the persistence of socio-economic backwardness of the SCs and STs in spite of the development efforts had warranted a special...

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From plate to plough: A Baisakhi gift for the farmer -Ashok Gulati

-The Indian Express Unseasonal rains are breaking the back of Indian farmers. The prime minister has taken the first step by deciding to raise the existing norms of compensation by a hefty 50 per cent - from the existing Rs 9,000 per hectare for irrigated crop, Rs 4,500 per ha for unirrigated crop and Rs 12,000 per ha for perennial crop. Further, the compensation will be given to all those who...

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Why our farmers urgently need help -Devinder Sharma

-DNA Broken promises apart, a regular income for farmers is extremely essential There is trouble on the farm front. With untimely rains accompanied by hailstorms and strong winds showing no signs of relenting, further deepening the prevailing agrarian crisis; and with the spate of farmer suicides on the rise, agriculture faces its worst-ever crisis. While the rising number of farmer suicides is only a reflection of how fragile the agrarian economy...

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No slowdown in bank lending to agriculture sector -Radhika Merwin

-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...

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