-Business Standard Interest subvention, crop insurance on the cards The finance ministry is working on a plan to increase the number of workdays in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) from 100 a year per person per household to 150 in areas receiving low monsoon rain. The government might also provide interest subvention and crop insurance in drought-affected regions through the e-Financial Management System (eFMS). “Since the eFMS contains the data...
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Corridors of power: The Great Indian monsoon circus -Santosh Tiwari
-The Financial Express The NITI Aayog must firm up a concrete plan involving the states to deal with monsoon deficiency to avoid all-round confusion. This is an old and oft-repeated story in the media, but worth mentioning here for the readers who have missed it. It goes like this. During the period of erstwhile Planning Commission, one of the officials in-charge of projecting agricultural growth found out an innovative way to do...
More »In Maharashtra, suicide figures shoot through the roof -Priyanka Kakodkar
-The Times of India MUMBAI: Farmer suicides in Maharashtra are intensifying with as many as 1,088 cases reported in 2015 by the end of May. This is almost twice the figure reported just two months ago. Between January and March, the state government had reported 601 cases. The suicide rate had already begun climbing steeply with the onset of the drought last year which destroyed large swathes of crops. The unseasonal rain...
More »Is tardy monsoon a cause for worry? -Vinson Kurian
-The Hindu Business Line A short delay does not impact sowing as there is a sufficient window The onset of monsoon over Kerala has been less than reassuring. Not only is it late by five days compared with the normal date of June 1, but it has also failed to arrive in the eight-day window set around the median of May 30. The conspicuous lack of flourish has led many to doubt...
More »Monsoon in India: Rain deficit to hit several crops -Banikinkar Pattanayak
-The Financial Express The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon. The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon and denied an impending distress in the vulnerable pockets of the country, but a dispassionate look at the ground situation would show there...
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