-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...
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Farmers face fourth failure: Dry spell hits dal, wheat crop -Harish Damodaran
-The Indian Express Farmers have so far sown only 38.91 lakh hectares (lh) under pulses in the current rabi season from October. Dry weather extending to the post-monsoon period has led to reduced plantings of most rabi crops, raising the prospect of a fourth consecutive harvest failure for farmers and also making it more difficult for the RBI to slash interest rates. Farmers have so far sown only 38.91 lakh hectares (lh)...
More »The farm test
-The Indian Express Government cannot afford to wait any longer to address the building agricultural distress. The government and the political class seem oblivious to a deepening farm crisis, resulting from back-to-back monsoon failures and falling crop prices. One indicator of the growing agrarian distress is farmer suicides, no longer a phenomenon confined to Vidarbha or Telangana. The current year has seen farmers even in states like Karnataka, Odisha and Madhya...
More »For drought-hit farmers, higher compensation still a pittance -Sanyantan Bera
-Livemint.com The govt did increase compensation for crop damage to 50% and even relaxed norms for claims but farmers will get less than a fifth of what they have lost to drought New Delhi: In April, Narendra Modi announced an increase in compensation for crop damage, a move the prime minister termed as a landmark decision and one that will impose a great burden on his government. His announcement followed unseasonal...
More »Madhya Pradesh declares drought in 35 districts, seeks Rs2,400 crore aid -Sayantan Bera
-Livemint.com State seeks Rs300 crore more for drinking water supply and Rs750 crore for waiving off interest payments on loans New Delhi: Madhya Pradesh has declared 35 out of 51 districts in the state as drought affected and sought an initial central assistance of Rs.2,400 crore, indicating deepening rural distress. Karnataka, Maharashtra and Odisha have already declared parts of their state as drought affected. Madhya Pradesh finance minister Jayant Malaiya and agriculture minister...
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