-Press Information Bureau/ Ministry of Agriculture The Central Government has asked State Level Bankers' Committees to facilitate timely restructuring of crop loans. With restructuring, the loan repayment period would be extended. The Home Ministry has also written to states to keep 10% of SDRF fund reserved for "local disasters" such as heavy rain which are to be declared at par with national disasters and use this money for distressed farmers. This...
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Punjab farmers show little interest in solar water pumps -Vijay C Roy
-Business Standard In Punjab, about 70% of the total net irrigated area is being irrigated by tube wells Chandigarh: Punjab farmers are not inclined towards installing solar water pumps for irrigation, despite a subsidy of 30 per cent offered by the new and renewable energy ministry (MNRE). According to the government data, only 1,955 solar power water pumps were installed by farmers in the state during 2000-2015. In Punjab, about 70 per cent...
More »Odisha sees red at cash transfer plan -Subrat Das
-The Telegraph Bhubaneswar: The state government has opposed the Shanta Kumar Committee's recommendation for direct cash transfer through the public distribution system (PDS) instead of subsidised food grain supply to the beneficiaries. Officially, the state's opposition is based on the argument that cash transfer would affect farmers, as procurement from them would stop. However, sources said the state was worried about the move's fallout on its scheme providing rice to the poor...
More »Rain-hit areas to get NREGS boost -Puja Mehra
-The Hindu NITI Aayog vice-chairman Arvind Panagariya says farmers can't be fully compensated for crop damage. The Union government will increase the number of work days under the Mahatma Gandhi National Rural Employment Guarantee Scheme from 100 to 150 in places where the recent unseasonal rain and hailstorms have affected crops. The relief package will include cash compensation. In addition, Prime Minister Narendra Modi has sought recommendations from NITI Aayog on how insurance...
More »From prosperity to penury -Ajoy Ashirwad Mahaprashasta
-Frontline NAIB SINGH hanged himself a fortnight ago in the land he had been tilling for five years at Bareh village in Mansa district of Punjab. He had hoped for a successful rabi wheat crop, but unseasonal rains reduced him to further penury. The 25-year-old left behind a debt burden of Rs.10 lakh for his family. His mother, Mahinder Kaur, does not know whether to mourn her son's death or lament...
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