-VillageSquare.in Strict parameters set by the central government has made it tougher for the states to declare a drought and seek relief funds from New Delhi Mumbai (Maharashtra): The Indian government is leaving no stone unturned to fight the occurrence of drought in the country. The Manual for Drought Management, released in December 2016 by the Union Ministry of Agriculture and Farmers Welfare, prescribes “new scientific indices and parameters” for a “more...
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To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct
-The Financial Express Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the...
More »Jaitley may lend an ear to farm sector -TV Jayan
-The Hindu Business Line Lingering distress in the sector may force the govt to think innovatively New Delhi: Agriculture sector, which suffered badly despite higher production in the last two years, may be a key focus area for the NDA government, when it presents its last full-fledged Union Budget before the 2019 general elections. Attending a function recently in the Capital, Union Finance Minister Arun Jaitley unequivocally said that that the farm sector...
More »How India lost its historic agriculture recovery growth phase in just four years -Richard Mahapatra
-Down to Earth Government reports say 2004-14 had the highest agriculture growth that has fast slipped back to near-zero growth despite normal monsoons and bumper yields The National Democratic Alliance government is scrambling to rescue the agriculture sector from a crisis never seen before. On January 10, Prime Minister Narendra Modi met over 100 economists in a first ever such interaction. Agriculture, rural economy and unemployment dominated the discussions. Modi’s promise of...
More »Why are farmers distressed across India? -Vikas Vasudeva
-The Hindu * What’s the problem? The year 2017 was marked by several farmers’ protests nationwide, with a few turning violent. Last month, in New Delhi, 184 farmer groups came together from Tamil Nadu, Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab and Telangana to take part in a ‘protest walk.’ The protest once again highlighted the plight of farmers and the extent of agrarian distress. The agriculture sector is characterised by instability in incomes...
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