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Why RBI had to protect small farmers -Ravi Krishnan

-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...

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If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha

-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...

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Rude surprise for UP farmers -Atiq Khan

-The Hindu Irked Minister puts officials on notice; insurance Companies to face action for the fiasco Lucknow: Laxity on the part of officials seems to have impeded the State government’s efforts to ameliorate the sufferings of over 13 lakh farmers who have suffered massive crop loss on account of unseasonal rains and hailstorm in Uttar Pradesh. Thanks to official apathy, coupled with the slow pace of relief work, the distressed farmers have...

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'Number of women tobacco users rising' -Sushmi Dey

-The Times of India NEW DELHI: The number of women consuming tobacco products has doubled over 15 years, according to a report by the Public Health Foundation of India (PHFI). While only 10% of women consumed tobacco products during the mid- and late-1990s, the number has increased to 20% in recent years, the report said. Tobacco consumption among men has remained in the range of 45-57% between 1995-96 and 2009-10. The increase in...

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Job growth falls, down to lowest in 3 quarters

-The Indian Express Even as India is poised to emerge as the fastest growing economy in the world, employment generation in eight crucial sectors in the third quarter of 2014-15 dipped to its slowest pace in three quarters. Just 1.17 lakh new jobs were created in eight key sectors of the economy between October and December 2014, according to a survey by the labour bureau. In contrast, 1.58 lakh jobs were created...

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