-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of banks in the state. At least 52.77 per cent rural households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...
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Small-holder farmers key to sustainable agri development: IFAD
-PTI UN body for development of agriculture IFAD today said small-holder farmers should be the starting point for sustainable development. Speaking at the 8th TAAS (Trust for Advancement of Agricultural Sciences) foundation lecture, IFAD President, Kanayo Nwanze said, "... We see time and time again the transformation that occurs when development is sustainable and when local people are involved from the start...Our starting point for sustainable agricultural development must be small-holder farmers." Nwanze,...
More »Govt stance at WTO belies assurance on food security, says farmers’ group
-The Hindu Business Line While some farmers organisations have welcomed the Narendra Modi Government's stance in World Trade Organisation, some others feel that the Government's actions do not match its words with regard to its stance on food security and farm subsidies at home. "We totally support the Government's stand on WTO's Trade Facilitation Agreement. In fact, in a country like ours, agriculture should be totally kept out of the purview of...
More »Putting the poor on the list -Charan Singh, Akshay Goenka and Ritesh Garg
-The Hindu Business Line A new approach to financial inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers financial inclusion as an important thrust area and the Prime Minister is expected...
More »Was India truly the party pooper at WTO? -Aruna P Sharma
-Down to Earth Last year, when commerce minister of UPA government had agreed to the trade facilitation pact pushed by developed countries, it was perceived as compromising the interests of poor nations that need to stockpile foodgrains for public food programmes After weeks of speculation on whether India would sign on the dotted line, the new World Trade Organisation agreement to ease worldwide customs rules collapsed late Thursday night in Geneva. Many (including...
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