-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...
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100,000 Maharashtra farmers may not get loan to sow kharif crop -Aparna Pallavi
-Down to Earth Reserve Bank of India refuses to bail out three district cooperative banks Kharif sowing season is close at hand, but around 100,000 farmers of Nagpur, Wardha and Buldhana districts in Maharashtra are unlikely to get agricultural loan or hailstorm relief from the District Central Cooperative Banks (DCCBs) because the Reserve Bank of India (RBI) has rejected banking applications of these banks. Worse, fixed deposits worth Rs 1,716 crore belonging...
More »Agriculture turning into nightmare for small farmers-Nagesh Kini
-MoneyLife.in India, the world's second largest food producer, is witnessing growing distress and declining confidence in agriculture as most small and landless farmers, with less of a stake, are found to quit farming The recent unseasonal heavy rains, thunder and hailstorms originating from unusually intense western disturbances from the Mediterranean interacting with the south-easterly winds from the Bay of Bengal have ravaged the due-for-harvesting chana, lentils and wheat in Madhya Pradesh,...
More »Farmers must get coverage for lost crops-Devinder Sharma
-Tehelka If a house can be insured against natural disaster, why can't a crop field? There is nothing more gruesome for any farmer than to see before his own eyes his lush green standing crop flattened by the vagaries of nature. All his hopes and aspirations from a bountiful harvest are grounded in a matter of few minutes. Not only the crop, but his life too is flattened. As many as 24...
More »Planning Commission: India to double renewable power capacity by 2017
-PTI Under the Jawaharlal Nehru National Solar Mission, the government aims to connect 20,000 MW of solar power to the National Grid by 2022. India will add nearly 30,000 MW of power generation capacity from renewable energy sources - doubling it from the current size - in the next four years, a senior official said on Wednesday. "We plan to add around 20,000 MW of wind and around 10,000 MW of solar capacity...
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