-PTI Amritsar: "In the coming time, we have plans to spend Rs 50,000 crore on farming and irrigation sectors in the country." Union Finance Minister Arun Jaitley on Tuesday said the Centre was planning to spend Rs 50,000 crore on the farming and irrigation sector and plans were also afoot to roll out an insurance scheme exclusively for the farming sector to compensate for crop loss. Admitting that the condition of farmers is...

-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...

-The Hindu Hyderabad (Telengana): Delay in commencement of institutional credit disbursement likely to affect sowing. Credit requirement for kharif operations is nearly Rs. 26,000 crore. Notwithstanding the copious rains received in most parts of Telangana and availability of seed and fertilizer in ample quantities, the delay in commencement of institutional credit disbursement, crop loan release by banks, is likely to affect the sowing operations in the current kharif season. Credit requirement Though the Agriculture...

-Hindustan Times Mumbai: For a state considered the sugar bowl of the country and home to generations of politically heavyweight co-operative doyens, this is a sign of changing times. The drought-prone Solapur district in western Maharashtra, which has the highest number of sugar factories in the state (33), has finally decided to put a stop to cultivation of the water-guzzling sugarcane crop, with its collector saying the area under cultivation for the...

-ABP Live Some days back the death of Surjit Singh, who had met Rahul Gandhi a few days before he committed suicide, once again brought the focus on the tragic but unresolved issue of farmer suicides. A few days after Surjit Singh consumed sulphos tablets, another 36-year-old farmer, Baljinder Das Bairagi from Sangrur, hanged himself from a ceiling fan. He carried an outstanding loan of Rs 7-lakh. A survey done by three...