-Livemint.com The challenge of employment may be the next big crisis that the government may have to face Two of the burning issues currently dominating the public discourse are the amendments to the land acquisition bill proposed by the National Democratic Alliance and the ongoing crisis in agriculture. At the centre of all this is the Indian farmer, who, on the one hand, is struggling to save his land from draconian amendments to...
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The resilient lot -S Harpal Singh
-The Hindu Adilabad: Tribal farmers face same adversities which dog ryots of other regions, yet taking an extreme step is rare among them. For a brief while, Pendur Somu, the Gond Patel of Jodeghat village, seemed lost when he was asked why Adivasi farmers do not resort to suicide when in distress. A smile soon broke out on his face as he grasped the significance of such a question. “Can we repay the...
More »Low rainfall may affect bank non-performing assets
-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...
More »If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha
-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...
More »Decline in number of workdays under MGNREGA: Government
-PTI NEW DELHI: The number of workdays being provided under the rural job flagship scheme MGNREGA has registered a decline, Lok Sabha was informed today. Minister of State for Rural Development Sudarshan Bhagat, in a written reply to Lok Sabha, said "there has been a decline in the number of persondays created in 2014-15." "MGNREGA is a demand driven programme and the demand for work itself is influenced by various factors such as...
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