-Down to Earth Several thousand hectares of crops stand destroyed Even as a team of experts gears up to study the situation of droughts in Maharashtra, heavy unseasonal rains and hailstorms have damaged an estimated 88,000 hectares of standing crops and orchards in the last few days. Nashik, Jalgaon, Dhule, Nandurbar and Sangli are the worst-affected districts. In Nashik, 38,000 hectares of grape crops have been completely damaged. Subhash Arve, vice president of...
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No need to repay for India’s biggest farmers as debt traps poor -Adi Narayan
-Livemint Every time a waiver is done, it diverts access to credit and shrinks credit availability, says RBI governor Raghuram Rajan Mumbai: Vattikuti Prasad grows rice, bananas and sugar cane on his farm as big as 27 football fields in a part of southeastern India where most farmers own plots the size of just one. He has two homes, including a four-bedroom house he rents out in a nearby town. This year...
More »Making India Inc. accountable -Vidya Venkat
-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The winter session of Parliament witnessed a noisy debate on the black money controversy. Governments of all hues have disappointed the Indian janata on the issue of black money and the failure is often associated with a perceived nexus between politicians...
More »Over 400 farmers have committed suicide in Telangana since its formation -M Suchitra
-Down to Earth National Human Rights Commission has sought report from the state The K Chandrasekhar Rao government in Telangana seems to have failed to deliver on its promise of reforming the crisis-ridden farm sector in the state. Unofficial figures suggest that more than 400 farmers have committed suicide in the past six months. Telangana, the youngest state in the country, came into existence on June 2 this year. Rao and other leaders...
More »Andhra Pradesh identifies 2.28 mn farmer families for Phase I of loan waiver -Yogendra Kalavalapalli
-Livemint A total of 4.04 million bank accounts have been cleared for loan waiver that will benefit 2.68 million farmers Hyderabad: Andhra Pradesh on Thursday finalized the norms for loan waiver for farmers and identified 2.28 million families as beneficiaries in the first phase of what it called a "debt redemption scheme". Loans will be written off in two phases, Andhra Pradesh chief minister N. Chandrababu Naidu said at a press briefing....
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