-The Hindu Business Line Raw silk duty cut triggers sharp fall Bengaluru: Unable to deal with mounting debts amidst diminishing returns from his three-acre farm, Siddaramu, a sericulture farmer in his mid-fifties at Abburdoddi near Channapatna, committed suicide recently in his silkworm rearing house. The trigger for this unfortunate incident was the crash in silk cocoon prices and the issuance of recovery notice by the bank, says Chandramma, his wife. Other crops too failed Siddaramu,...
More »SEARCH RESULT
Total Matching Records found : 2479
HP records highest farmer suicides in north owing to crop failure: NCRB -Bhawani Negi
-Hindustan Times Shimla: Even as union agriculture minister Radha Mohan Singh has blamed love affairs and then impotency for farmer suicides, figures recorded by the National Crime Records Bureau (NCRB) completely contradict him. According to the NCRB report, released recently, 87.5% of farmer suicides in Himachal Pradesh were due to crop failure in 2014 and the state also tops the northern region in absolute number of suicides by farmers with 32 such...
More »Funds for short-term crop loans cut, 10.5 lakh farmers to be hit -Sarbjit Dhaliwal
-The Tribune Chandigarh: The National Bank for Agriculture and Rural Development (NABARD) has imposed a cut of Rs. 3,400 crore on the allocation made to the state to advance short-term crop loans. The loans are advanced twice in a year for rabi and kharif crops. At least 10.5 lakh farmers are expected to be hit hard. These loans are advanced on half-yearly basis through agriculture cooperative societies. On an average, NABARD used to...
More »Agriculture can be highly profitable, but the gains are not easy to sustain -Vivian Fernandes
-FirstPost.com Travelling across the country for the past five months to bring farmers’ voices to urban audiences through a programme called ‘Smart Agriculture’ - to be broadcast every Saturday and Sunday from 25 July on CNN-IBN - we have learnt that agriculture is not a low-profit activity. In fact, it returns more than double the amount of cash invested. Sandipan Suman, a 47 year-old agricultural sciences graduate and maize grower in Bihar’s...
More »How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »
