-The Indian Express According to the cooperative Department website, the three societies, which are currently under investigation, have waived loans of 3,073 farmers. Jaipur: Several residents of Govadi village in Rajasthan’s Dungarpur district on Saturday discovered that they were beneficiaries of the farm loan waiver announced by the previous BJP government in the state. However, the realisation soon led to confusion among the residents as they had never taken an agricultural...
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Spurt in SMP prices cheers dairy farmers -Rutam Vora
-The Hindu Business Line Export sops, higher consumption to help get rid of excess milk powder stocks The New Year is set to bring smiles on the faces of dairy farmers, thanks to firm prices of the skimmed milk powder (SMP) following export incentives by the government. Most co-operative dairies and private players were able to get rid of their excess SMP stock, which led to firming up of prices by at least...
More »Milk prices set to go up this year -Madhvi Sally
-The Economic Times Milk prices are likely to go up in 2019, cooperative dairies said, as supplies are less than usual during this period. Lower returns to farmers have led to the drop in milk production in winter, when supplies tend to go up, they said. “Milk prices are bound to increase in 2019. Low stocks of skimmed milk powder (SMP) and a drop in milk supplies compared to previous year are the...
More »As India rethinks labour rules, one item not on the agenda: Childcare facilities for women workers -Mirai Chatterjee
-Scroll.in Full-day, quality childcare can make a crucial difference in India’s fight against malnutrition, and can possibly enhance incomes of working women. Savitaben is a tobacco worker in Rasnol village, Gujarat. She has two young children under five years of age, and every morning she leaves them in a crèche run by the Self-Employed Women’s Association or SEWA, a trade union of over 15 lakh poor, self-employed women workers. The children are...
More »A double-edge sword for farmers -- Loan waivers shrink credit supply to the farm sector -Kushankur Dey
-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...
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