-The Tribune Contract farming is a much-needed vehicle to bring new crops, technologies, and markets to farmers. However, the new model Act 2018 opens up Agricultural markets to contracting agencies without adequate safeguards for farmers. The first attempt at reforms in Agricultural markets was made by the union government with the design of a model Agricultural Produce Market Committee (APMC) Act in 2003 which provided for new market channels for farmers and...
More »SEARCH RESULT
Easier credit norms for small and marginal farmers -Zia Haq
-Hindustan Times Government’s decision is aimed to cut dependence of small and marginal farmers on usurious informal private lenders. The government has streamlined lending norms in schemes such as the Kisan Credit Card to boost institutional credit flow to small and marginal farmers who make up over 90% of people engaged in agriculture and, as a class, are highly vulnerable to risks. The aim is to cut their dependence on usurious...
More »How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair
-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of Agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...
More »India bearing the cost of ignoring rural distress -Himanshu
-Livemint.com In the last three years, wages of Agricultural labourers have increased only by 0.5% per year while those of non-Agricultural workers have declined by 0.25% per year, the worst so far in 30 years The agrarian economy continues to be plagued by falling output prices, declining incomes and increased variation in Agricultural production pointing to a situation of uncertainty and vulnerability among most rural residents. This has created an unprecedented demand...
More »In Assam, a government-appointed panel suggests farmland be reserved for 'indigenous people' -Arunabh Saikia
-Scroll.in The committee goes on to list the ‘basic elements’ that make an individual indigenous to Assam. The transfer of Agricultural land should be restricted to people indigenous to the state, a committee appointed by the Assam government in February 2017 for “ensuring the protection of land rights of indigenous people” has recommended in a report submitted in January. The Bharatiya Janata Party government in the state has said that it...
More »