-The Indian Express Finance Minister Pranab Mukherjee today announced Rs 1,00,000 crore increase in the agriculture credit target to Rs 5,75,000 for the next fiscal and raised the outlay for farm sector by about Rs 3,000 crore. "Agriculture continues to be a priority to the government. The total plan outlay for agriculture and cooperation has been increased by 18 per cent from Rs 17,123 crore in 2011-12 to Rs 20,208 crore in...
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Economic Survey 2012: Minimum farm growth needed for inclusive growth and development of rural areas-Nidhi Nath Srinivas
The Economic Survey has warned that more than half the population is dependent on a sector whose share in the economy is shrinking, leading to a bigger urban-rural divide and threatening national food security. "Achieving minimum agricultural growth is a prerequisite for inclusive growth, reduction of poverty levels, development of the rural economy and enhancing of farm incomes," the Survey has said. But it offers no path-breaking solutions on how to meet...
More »MGNREGA led to double digit growth in wages annually, exceeding rate of inflation
-The Pioneer Hitting at UPA’s biggest flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Agriculture Ministry has criticised the scheme in it’s first ever Agriculture Survey saying that MGNREGA has led to double digit growth in wages annually in the last few years even exceeding the rate of inflation that prevailed during this period. The Agriculture Survey is compiled by the Agriculture Ministry as a precursor to Union Budget on...
More »Govt report on farms calls for reforms to boost investment
-The Hindu Business Line A Government report has called for enhancing investment in agriculture and leveraging technology to boost the country's farm sector growth in the years ahead. The report ‘State of Indian Agriculture 2011-12,' released by the Agriculture Ministry on Tuesday, called for institutional reforms in research set up to make it more accountable and geared towards delivery, conservation of natural resources such as water and land among others. “Achieving a 8-9...
More »'Adani forcing farmers to vacate land'
-The Times of India Instead of creating happiness in the lives of farmers in adjacent villages, Adani power corporation has rendered them landless as their agricultural land is forcibly acquired by the district administration for requirement of the thermal power company. Once affluent, these farmers have now come below poverty line. Adani Thermal Power Corporation has acquired agricultural land in and around it's thermal power plant near Tiroda (Gondia). The state government gave...
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