-Hindustan Times Ranchi: Jaidev Mahto, 65, mortgaged 2.5 acres of land to repay a bank loan of Rs 25,000. A resident of Bardaha village in Dhanbad district, Mahato had taken the loan against his Kisan Credit Card (KCC) for Kharif crops that were damaged completely due to scarcity of rainfall this year. Hemant Singh, 50, a farmer of Pyraguri village in East Singhbhum district, took a KCC loan of Rs 28,000 for...
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CSE report probes why crop insurance schemes are failing
Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...
More »Rural Distress: Back-to-back drought adds to the woes -Sahil Makkar, Sanjeeb Mukherjee & Nirmalya Behera
-Business Standard The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon Bhopal/ New Delhi/ Bhubaneshwar: Farmers are faced with a multitude of problems. Cotton and basmati rice growers in Punjab and sugarcane farmers in west UP are under stress due to the non-payment of insurance and state compensation. Growers in Odisha, Madhya Pradesh,...
More »Ramesh Chand, Member, NITI Aayog speaks to Richa Mishra and Surabhi
-The Hindu Business Line The decline in share of cooperatives in total farm Credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm Credit, more long-term Credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...
More »Simple, easy and healthy -Darshan Desai
-Down to Earth Gujarat trader makes affordable sanitary napkins and develops India's first machine to hygienically dispose them of Darshan Desai SHYAM SUNDER Bedekar is a successful textile dye and chemical trader in Vadodara, Gujarat. He is also the man Credited with popularising the use of sanitary napkins among the poor women in Vadodara and neighbouring areas—a commendable feat when one considers that just six per cent of women in the country...
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