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31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani

-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural banking. A parliamentary panel that probed the state of rural, agricultural banking found that a mere 17% rural household had taken...

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INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...

Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...

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U’khand women farmers plan to quit farming due to losses

-The Times of India DEHRADUN: While Uttarakhand celebrates first Harela-Ghee festival to promote greenery and enhance agriculture in the state, the condition of women farmers still remain worrisome. Most of the farmers in the uphill told TOI that they plan to quit farming as it is no more a profitable venture. They say that difficulty in commuting, dearth of proper marketing facility and danger from wild animals have acted as catalysts...

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42% of India’s districts use 85% of its chemical fertilisers -Jitendra

-Down to Earth A parliamentary standing committee blamed Agriculture Ministry’s skewed policy for the inequality in fertiliser usage The parliamentary standing committee on agriculture has recommended formation of a “Pesticide Development Authority” to ensure balanced use of chemical fertilisers in the wake of declining agricultural productivity. The 29th report, called “Impact of chemical fertilizers and Pesticides on agriculture and allied sectors in the country”, was tabled in Parliament by the committee. The...

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Double-whammy: inflation is rising, factory output is falling

-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...

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