-Business Standard But RBI data suggest that by replacing interest subsidy with crop insurance, government can use about Rs 12,500 cr to facilitate crop insurance scheme If a recent recommendation of the Reserve Bank of India (RBI) on crop loan subsidy is approved by the government, agricultural loans are set to become as costly as home loans or car loans. RBI has suggested interest subvention on crop loans should be phased out,...
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Nabard thinks Mumbai needs 50% of agri loans -Alok Deshpande
-The Hindu The fact that a megapolis, and not the drought-affected areas of Maharashtra, is the biggest beneficiary, has angered many Bristling with glass towers and commercial districts, Mumbai is unquestionably the financial capital of India. The most greenery an average Mumbaikar can hope to grow is a few herbs in window flower-pots. Which is why it seems strange that the city will be the biggest beneficiary of agriculture loans, as projected by...
More »Ban 13 pesticides, phase out 6 by 2020, suggests Verma panel -Aditi Nigam
-The Hindu Business Line Registration committee favours review of each pesticide in 10-year intervals New Delhi: The Anupam Verma Committee, set up to review the continued use of 66 pesticides that have been barred/restricted for use in farming in other countries, has recommended a ban on 13 ‘extremely hazardous’ pesticides, phasing out of six ‘moderately hazardous’ ones by 2020, and review of 27 pesticides in 2018. The six pesticides suggested for phasing out...
More »Bigger rural outlay to power growth: FM
-The Hindu Business Line 10 years on, MGNREGA to get more funds New Delhi: Barely three weeks ahead of Budget 2016-17, Finance Minister Arun Jaitley indicated that the government could increase budgetary allocations for rural and social schemes like the Mahatma Gandhi National Rural Employment Guarantee Act. The allocation may be even higher than the ₹35,000 crore allocated in 2015-16. “One engine to grow further, despite the global slowdown that has also impacted our exports, can...
More »Why the crisis in agriculture? -N Venugopal Rao
-TheHansIndia.com Agriculture is intertwined with soil, plant and human beings. In shaping the research, how much attention was paid to these three components? There is a need to reassess or evaluate the institute, whether it has retained the virtues of the pioneers who started it Improvements in farming could be traced in certain regions of the world, where agriculture has become prime occupation of life. Hence, the struggle and labours of few...
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