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Switch from farm subsidy to farm investment-Ashok Gulati

-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...

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Government rolls out package to deal with poor monsoon

-The Economic Times  The government has stopped short of declaring a drought but rolled out a relief package which includes subsidised diesel for irrigation, funds to ensure drinking water, seed subsidy for resowing crops and augmentation of fodder supply. "The number of rain-deficient districts this year is more than in 2009," said agriculture minister Sharad Pawar after chairing a meeting of the Empowered Group of Ministers (EGoM) on drought. The meteorological department...

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Jharkhand offers Rs.410 crore relief package to farmers

-IANS In view of the looming drought situation in Jharkhand, the state government has announced a Rs.410 crore relief package for farmers, an official said Monday. The decision was taken at a meeting chaired by Chief Minister Arjun Munda Sunday. The special package for farmers includes Rs.600 per acre for diesel subsidy and interest free loans, among other measures. "From the package, Rs.240 crore will be for interest free loans, Rs.150 crore for diesel...

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Geared up to face drought situation, says Centre

-The Indian Express The government on Friday said the spectre of drought over a few states and the likelihood of a lower rainfall pattern this year should not be a concern for a “panicky situation” as it is geared up to face the situation with enough stocks of foodgrains and sugar. Last year the production of both foodgrains and sugar had overshot the estimate leaving the government with adequate resources for the...

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No One Killed Agriculture

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...

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