-Business Standard/ India Spend 52% of India's agricultural households are indebted; with an average outstanding loan of Rs 47,000 India’s foodgrain production rose five times over six decades, according to 2016 government data, the latest available. But with the average Indian farm half as large as it used to be 50 years ago and yields among the lowest in developing economies, both the agriculture sector and farmers have been driven to the...
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Small Farmers of Latur, of 'Water Train' Infamy, Doubt New Loan-Waiver Scheme Will Help -Nidhi Jamwal
-TheWire.in The Maharashtra government’s Rs 34,000-crore farm loan waiver may not provide much relief to small and marginal farmers in Marathwada, who are caught in the debt trap of private moneylenders. Latur: Venkat Balbim Bhise, a farmer who owns three acres of land in Bisewagholi village, in Maharashtra’s Latur district, is in his early thirties. But anger bordering on fatalism is writ large over his weary face. Venkat owes almost Rs 3.5...
More »Safflower cultivation sees drastic fall despite benefits -Hiren Kumar Bose
-VillageSquare.in Despite its many health advantages, the cultivation of safflower for its oil is declining across India because farmers are not finding a ready market and are discouraged by the low prices it fetches Gujarat, Maharashtra and Karnataka: Vijay Jagtap discontinued sowing safflower (kardi) last year on his one-hectare plot in Baramati Pandhare village, 12 km from Baramati town in Maharashtra. “The price we get for kardi is not at all attractive....
More »Rs 34,000cr loan waiver
-PTI/ The Telegraph Mumbai: The BJP-led Maharashtra government today unveiled a Rs 34,020-crore farm loan waiver scheme, under which debt of up to Rs 1.5 lakh each will be written off, making 40 lakh farmers debt-free and providing relief to 49 lakh others. Chief minister Devendra Fadnavis said this was the "biggest" loan waiver scheme in the country. He said all BJP ministers and legislators would contribute a month's salary towards the...
More »In Maharashtra, demand grows for a minimum support price for all farm produce -Abhiram Ghadyalpatil
-Livemint.com In a year when Maharashtra’s agriculture sector recorded a growth of 12.5%, a look at why farmers in regions as distantly located as Nashik and Wardha are up in arms Ahmedabad/ Nashik/ Warda (Maharashtra): Rajendra Borgude, 42, is a prosperous farmer half of whose 50 acre-irrigated Farmland goes under grape cultivation. He drives a Nissan Terrano and was able to get a crop loan of Rs12 lakh from Nashik District Central...
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