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Funds for short-term crop loans cut, 10.5 lakh farmers to be hit -Sarbjit Dhaliwal

-The Tribune Chandigarh: The National Bank for Agriculture and Rural Development (NABARD) has imposed a cut of Rs. 3,400 crore on the allocation made to the state to advance short-term crop loans. The loans are advanced twice in a year for rabi and kharif crops. At least 10.5 lakh farmers are expected to be hit hard. These loans are advanced on half-yearly basis through agriculture cooperative societies. On an average, NABARD used to...

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Make National Agri Market inclusive for small farmers -Hema Yadav & Shalendra

-The Hindu Business Line New structure facilitates inter-state co-operation The recently announced National Agricultural Market aims to bring about a unified market through networking of mandis to facilitate seamless flow of goods and information. This may not alter the State- dominated existing agricultural marketing structure; but it calls for redefining their role and functions to make the concept more inclusive for farmers. Fear of rejection The networking of markets is expected to enhance access to...

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Agriculture can be highly profitable, but the gains are not easy to sustain -Vivian Fernandes

-FirstPost.com Travelling across the country for the past five months to bring farmers’ voices to urban audiences through a programme called ‘Smart Agriculture’ - to be broadcast every Saturday and Sunday from 25 July on CNN-IBN - we have learnt that agriculture is not a low-profit activity. In fact, it returns more than double the amount of cash invested. Sandipan Suman, a 47 year-old agricultural sciences graduate and maize grower in Bihar’s...

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India's silence on sustainable development goals is alarming -KumKum Dasgupta

-Hindustan Times While searching for updates on the United Nations Third International Conference on Financing for Development, which took place in Addis Ababa recently, I came across an interesting piece of news: Music maestro AR Rahman and Bollywood superstar Hrithik Roshan would join a seven-day global campaign to popularise the sustainable development goals (SDGs), which are a new set of universal goals, targets and indicators that 193 UN member states will...

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How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J

-The Times of India As crops fail, Banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...

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