Chhotanagpur Tenancy (CNT) Act-1908 came into existence to safeguard rights of the tribals, especially on their traditional landholdings. It is not very clear how much the Act has been successful in assuring the rights to the traditional dwellers, though it is an open secret that it has denied them access to bank credits, thus hampering them financially. Latest figures suggest that bank loans to Scheduled Tribe and Scheduled Caste have moved...
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Agri Min pitches for crop loan at 3% in Budget
-PTI In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate. The 2012-13 Budget...
More »Sustaining farm growth is possible; Investment, price assurance to yield results by Ramesh Chand
India has been striving to achieve 4% growth rate in farm output since the beginning of Ninth Five-Year Plan. However, actual growth rate has remained invariably lower than the targeted growth rate. Further, agriculture witnessed a sharp slowdown during mid-1990s to the middle of the first decade of 21st century. Annual growth rate in farm GDP declined to 2.4% a year during 1995-96 to 2004-05 from more than 3% in the...
More »From food security to food justice by Ananya Mukherjee
If the malnourished in India formed a country, it would be the world's fifth largest — almost the size of Indonesia. According to Food and Agriculture Organisation (FAO), 237.7 million Indians are currently undernourished (up from 224.6 million in 2008). And it is far worse if we use the minimal calorie intake norms accepted officially in India. By those counts (2200 rural/2100 urban), the number of Indians who cannot afford...
More »27 farmers dead: Bengal gets kin to rewrite suicide note by Madhuparna Das
While Governor M K Narayanan has also put the weight of his office behind the growing concern over farmer suicides in West Bengal, the Mamata Banerjee government seems determined to play these down. In Burdwan, the state’s rice bowl, where 18 of the 27 deaths have been reported in the past four months, the district administration has been approaching families of victims for written statements saying the suicides had nothing to...
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