-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of banks in the state. At least 52.77 per cent rural households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...
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Compensation for delayed wages under MGNREGA amounts to Rs 118 crore
-PTI NEW DELHI: The compensation for delayed wages under MGNREGA since January 3, this year, has amounted to Rs 118.04 crore, Lok Sabha was informed today. While responding to a question in Lok Sabha, Minister of state in the Rural Development Ministry, Upendra Kushwaha in a written reply said that with a view to avoid delays and to compensate the wage seekers for the delays that occurred, MGNREGA had been amended on...
More »Agriculture sector needs stimulus-Kota Sriraj
-The Pioneer The Government must establish research & development and innovation centres at the village level, which can be instrumental in evolving solutions for the actual problems being faced on day-to-day basis by the farming community The agriculture sector today faces multiple problems, thanks to insufficient rainfall, falling crop productivity and failures coupled with low profitability. Climate change, air pollution, frequent droughts and other adversities have brought the farmers to their knees,...
More »Centre moves to revamp MGNREGA, check corruption
-The Times of India NEW DELHI: In its first step towards restructuring MGNREGA, the government on Wednesday announced that the material-labour expenditure ratio in the scheme would be changed from 60:40% to 49:51%. This is in keeping with government's focus on asset creation along with job opportunities in the scheme. The government is also planning to monitor the work under the scheme through the use of space technology and provide wages...
More »Rural votes, old traumas drive India's WTO brinkmanship
-Reuters NEW DELHI: With grain silos spilling over, exports on the rise and an avowed market champion for prime minister, India's threat to trash a global trade deal in the name of food security appears puzzling. But government officials say Prime Minister Narendra Modi is prepared to brazen out global outrage to seize a historic chance to build a rural power base with his defence of farm subsidies and to banish memories...
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