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Credit blues hit kharif operations in Telangana -B Chandrashekhar

-The Hindu Hyderabad (Telengana): Delay in commencement of institutional credit disbursement likely to affect sowing. Credit requirement for kharif operations is nearly Rs. 26,000 crore. Notwithstanding the copious rains received in most parts of Telangana and availability of seed and fertilizer in ample quantities, the delay in commencement of institutional credit disbursement, crop loan release by banks, is likely to affect the sowing operations in the current kharif season. Credit requirement Though the Agriculture...

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Who cares for the small farmer? -PSM Rao

-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister Narendra Modi has often expressed his sense of anguish at the plight of farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that farmers cannot be left to fend for themselves. Implicit in that...

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Production of pulses down 64%, cereals 30% in state -Priyanka Kakodkar

-The Times of India MUMBAI: The state's production of pulses during 2014-15 is set to fall by as much as 64% and cereals by 30% on account of the drought and unseasonal rains over the last year which wrecked the kharif crop. Yields for the rabi or winter crop have also plummeted, raising concerns about the impact on prices. Maharashtra produces about 10% of the country's foodgrains. However, sowing over the last...

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300 farmer suicides in Marathwada since January -Mohammed Akhef & Prasad Joshi

-The Times of India AURANGABAD: With the worsening drought situation in the region, farmer suicides continue unabated this year. About 300 farmers have taken their lives since January this year. The highest number (83) of farmer suicides has been reported from Beed district, followed by Nanded with 55 deaths and Osmanabad with 50 cases. Last year, a total of 569 farmers in the region had taken their lives. Osmanabad is one of the...

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Met forecasts below normal monsoon at 93%

-The Times of India NEW DELHI: Raising the spectre of a second successive year of deficient rains, the India Meteorological Department has predicted below normal rainfall for the upcoming monsoon season with a 33% probability of rains being less than 90%, commonly referred to as a drought. "The monsoon seasonal rainfall is likely to be 93% of the long-period average with a model error of plus or minus 5%," said Union earth...

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