-Down to Earth Highest rice acreage in six years, more farmers in farms, a bounty monsoon and an expected bumper harvest don't enthuse farmers as their earning dips It is a piece of news that everybody would love to cheer about, except those who made this possible. The current kharif season is exceptional. In comparison to last year, over eight million more hectares of farms are under cultivation this season. There are more...
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A crisis without villains -Harish Damodaran
-The Indian Express Current economic contraction is different from previous ones. Governments should borrow and spend India has never experienced negative economic growth since 1979-80, and before that in 1972-73, 1965-66 and 1957-58. All these were drought years with 1957-58 also registering a significant balance of payments (BOP) deterioration and 1979-80 witnessing the second global oil shock following the Iranian Revolution. The real GDP decline of 5-10 per cent that various agencies are...
More »Locusts push farmers to ‘cover’ crops -Rutam Vora and Vishwanath Kulkarni
-The Hindu Business Line Rajasthan sees big enrolment under PMFBY scheme this kharif The scare of desert locust attacks coupled with erratic rainfall in the early part of monsoon has pushed more farmers in Rajasthan to take insurance for their crops under the Pradhan Mantri Fasal Bima Yojana (PMFBY) this kharif season. Sum insured Officials of the Rajasthan Agriculture Department said about 45 per cent more farmers have enrolled for the scheme this year...
More »This kharif season, PMFBY sees sharp fall in farmers covered, sums insured -Harikishan Sharma and Harish Damodaran
-The Indian Express "Opposition-ruled Maharashtra, Rajasthan and Chhattisgarh record highest coverage, even as many states, including Gujarat and MP, pull out of Modi government's flagship insurance scheme. Pradhan Mantri Fasal Bima Yojana (PMFBY) has seen a sharp drop in the number of farmers covered and sums insured in the current kharif cropping season. This comes even as many states – Andhra Pradesh, Telangana, Jharkhand, Gujarat and Madhya Pradesh – have exited or...
More »With MGNREGA’s help
-The Indian Express It has helped mitigate increased rural distress due to Covid. Now, focus on getting people back to normal work The MGNREGA has created 153.16 crore person-days of employment during April-July. Not only is this way higher than the 107.24 person-days for the corresponding four months of last fiscal, but also significant compared to the 267.96 crore and 265.35 crore person-days generated in the whole of 2018-19 and 2019-20, respectively....
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