-TheWire.in This year has been yet another bad one for the agriculture sector. With just 0.2% growth in the last quarter, a good monsoon was essential to revive the sector. However, a deficient monsoon worsened the situation and as many as nine states have been forced to declare a drought. With almost 60% of India’s workforce engaged in agriculture, the slowdown has immensely affected the rural economy. The rural distress has in...
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Farm distress: Centre wants states to properly implement its irrigation schemes -Vishwa Mohan
-The Times of India NEW DELHI: With back to back drought years putting farmers under tremendous stress, the Centre believes it's effort to bolster irrigation infrastructure and disburse relief to farmers after extreme weather events are falling short thanks to some states dragging their feet. Union agriculture ministry in its periodic review of these schemes found many states not up to the mark with minister Radha Mohan Singh asking them to pull...
More »Rs 20k crore worth crops lost due to February-April unseasonal rains: Report
-PTI NEW DELHI: Farmers have lost more than 10 million tonnes of rabi crops, valued at above Rs 20,000 crore, due to unseasonal rainfall and hailstorm in February-April this year, CSE said in a report. India may have to import 10 lakh tonnes of wheat in 2015-16 as about 68.2 lakh tonnes were lost due to unseasonal rainfall, the Centre for Science and Environment (CSE) said in its report, titled 'Lived Anomaly'. In...
More »Rural distress worsens across India -Sayantan Bera
-Livemint.com Telangana 9th state to declare drought, adding to the agrarian crisis and posing a threat to the rural economy New Delhi: Telangana has declared a drought in parts of the state, becoming the ninth state this year to do so, highlighting the agrarian crisis that could cause a likely fall in the production of rain-fed crops such as pulses, oilseeds and cotton, and result in a further slowing of the...
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...
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