-Down to Earth Can pre-poll sops like giving smart phones with internet connectivity to farmers increase farm income? Last week, thousands of farmers and agricultural workers poured into the National Capital to attract and focus the attention of the Central government to their demands. The Mazdoor Kisan Sangharsh Rally, organised by farmers’ organization, All India Kisan Sabha, and the All India Agriculture Workers Union, broke all records as far as crowd numbers...
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Cause for caution: On India's GDP growth -Puja Mehra
-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...
More »UP flood death toll hits 325 as rainfall intensifies; major rivers in spate -Virendra Singh Rawat
-Business Standard Heavy rainfall forecast over the next 24-48 hrs in UP Lucknow: More than a dozen districts have been flooded following heavy rainfall in Uttar Pradesh and the adjoining hilly regions over the past few days, as the toll went up to 325. More than 21 people were reported to have died over the last 48 hours in flood-related incidents, including drowning and wall collapse, across the state, including Shahjahanpur, Amethi...
More »Agricultural Loans Worth Rs 59,000 Crore Went to 615 Accounts in One Year -Dheeraj Mishra
-TheWire.in Agricultural experts say that large corporations are being given 'agricultural' loans at cheaper interest rates and with easier regulations in the name of farmers. New Delhi: Government banks handed out Rs 58,561 crore to 615 accounts in agricultural loans in the year 2016. On average, each account has been given over Rs 95 crore in agricultural loans. This information was revealed by the Reserve Bank of India in response to a Right...
More »Why reports of agriculture's demise are greatly exaggerated -Dipti Jain and Sayantan Bera
-Livemint.com Farming activities comprise more than half of the total average monthly income for agricultural households, as per the latest survey by Nabard Bengaluru/ New Delhi: Farmers may be looking for alternative avenues of income, but it is too soon to write off the significance of agriculture in rural India, data from the recently released Nabard All India Rural Financial Inclusion Survey (NAFIS) shows. An initial reading of the survey findings seems to...
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