Rattled by soaring food prices and falling farm productivity, the FM has announced a slew of measures to boost the farm sector and vowed to deepen the process of attracting more private investment in agriculture and agro-processing. He announced an increase in bank lending for farm sector as well as interest subsidy to farmers who pay short-term crop loans on time. "I propose to enhance additional subvention to 3% in 2011-12....
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For evergreen agriculture by S Mahendra Dev
This is a collection of 45 select articles written by M.S. Swaminathan over the past 20 years. Arranged in six sections, they cover ‘sustainable development in Indian agriculture', ‘technology and evergreen revolution', ‘sustainable food security', ‘agrarian crisis', ‘WTO and Indian farmers', and ‘shaping India's agricultural destiny'. As Jeffrey Sachs says in his foreword, Swaminathan had “recognised already in the early days of India's green revolution that the new breakthroughs could create...
More »Bonanza for farmers, to get loans at 4 per cent
In a bonanza to the farming community, the government on Monday announced loans at interest rate of four per cent -- three per cent less than market rate -- for farmers who pay their dues in time and raised the credit target for farm sector by Rs 1 lakh crore. "The existing interest subvention scheme of providing short-term crop loans at seven per cent interest rate will continue during the 2011-12...
More »With bananas, NREGA to ‘bear fruit’ at last by Surbhi Khyati
To invest the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) funds in a “fruitful” way, the state’s Department of Rural Development has decided to create a banana plantation over 1 lakh acres. The project will take off in July and will benefit around 1.5 lakh farmers, said Manoj Kumar Singh, the state’s Secretary of Rural Development and Horticulture and Food Processing. Singh was the Chief Guest of a “Mango Gosthi and...
More »Involvement of Marginal Farmers in implementation of MGNREGA
The Government has included small and Marginal Farmers under Mahatma Gandhi NREGA by an amendment made in para 1(iv) of the list of permissible activities provided in Schedule-I of the Act. The amendment made is as follows: “Provision of irrigation facility, horticulture plantation and land development facilities to land owned by households belonging to the Schedule Castes and Schedule Tribes or below poverty line families or to beneficiaries of land...
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