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Sick policies, starving farmers -Amit Bhardwaj

-Tehelka Agrarian policies are proving to be an albatross around the neck of ordinary farmers Amon Singh Kevat, 70, a small farmer in Vidisha, Madhya Pradesh, spent three long days in April waiting for his harvest to be picked up from an open plot that served as a mandi (procurement centre for agricultural produce). In need of money for a marriage in the family, Kevat didn’t even go home for meals. But...

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40% of India still banks on monsoon for agriculture -Subodh Varma

-The Times of India In the 21st century, why does the forecast of a deficient monsoon send the same ripple of fear through India as it would 5,000 years ago? The short answer is that for almost 40% of the population, agriculture has not changed — it is still dependent on the "rain god", or the South-West monsoon as it is known today. Here are the facts: about 46% of India's net...

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Too early to say deficit monsoon to hit rural lending -Abhijit Lele

-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

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Excessive MSP bad for agri: Govt -Sanjeeb Mukherjee

-Business Standard Says Parlt panel suggestion of MSP at 50% more than cost will distort market; also declines suggestions for region-wise floor prices The government believes fixing a Minimum Support Price (MSP) for agricultural commodities which is 50 per cent more than the cost of production could distort the market and encourage inefficient production. It would also go against the principle of comparative advantage in producing specific crops. In its Action Taken Report on...

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The inclusion project -Shamika Ravi

-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

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