-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...
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Drought shadow over grain output
-The Hindu Govt. still hopeful of achieving 100 lakh metric tonnes target Chennai: Even as it predicted that the severe unprecedented drought witnessed in the State during 2016-17 “may affect the foodgrain production over the next two years,” the Tamil Nadu government appears hopeful of achieving the target of 100 lakh metric tonnes in agricultural production during 2017-18. Listing out various policies and strategies for agro-ecological intensification during 2017-18, the State government, in...
More »Prevent farmers' suicides rather than give compensation, SC tells TN -Krishnadas Rajagopal
-The Hindu "Your job is to take steps to prevent farmers’ suicides and not go around distributing compensation after the suicides", the Supreme Court told the Tamil Nadu government on Friday. The court said the “actual job” of the government is to “directly address the ground reality of farmers suicides”. “Your approach has to be preventive and not compensatory,” a Bench of Justices Dipak Misra and A.M. Khanwilkar told Additional Solicitor General P....
More »Why is Karnataka protesting change in definition of drought? -Jitendra
-Down to Earth New norms for declaring drought are too stringent to be practical and are indicative of Centre’s intention to pass on the financial burden to states Karnataka government has opposed Centre’s move to change parameters for drought assessment. The new manual for drought management limits Centre’s scope to offer financial assistance to states in the eventuality of drought. Unlike the 2009 manual for drought management—which was a mere guideline...
More »Agriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif crop loans to farmers -Partha Sarathi Biswas
-The Indian Express First, it was demonetisation and crop price crash; now it is the collapse of cooperative credit that is hurting farmers during peak kharif operations. For most Maharashtra farmers, drying up of institutional finance for kharif farming operations is what’s really hurting. Nashik (Maharashtra): Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed Rs 1,608.55 crore of crop loans during April-June, exceeding its target of Rs 1,257.18 crore. This...
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