-The Economic Times NEW DELHI: The land acquisition law passed by the previous government may not be the villain of the piece when it comes to stalled projects, according to data generated by a Right to Information (RTI) query. The Modi government's determination to amend the land acquisition law in the teeth of resistance from farmers and political parties has stemmed from the legislation's apparent role in just this — bringing projects...
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Deepening agrarian crisis endangers food security
A recent press release from the Ministry of Agriculture shows that the area affected by recent rains and hailstorms is estimated to be 189.81 lakh hectares (on 24 April 2015), which is nearly double the total area affected that was earlier estimated on 16 April 2015. (See the link below). Experts argue that such extreme weather events may severely damage food economy of the nation, apart from breaking the spirit...
More »It's not all gloom and doom in agriculture: Innovation is leading the way for these farmers -Vivian Fernandes
-FirstPost.com "Spray 50 parts per million of Gibberellic ralic acid, 6BA and 0050 grade potassium on leaves. Apply muriate of potash at the rate of 25 kg per acre." Almost every morning, Sanjeev Mane sends messages like these in Marathi to his 5,100 followers on Whatsapp in Maharashtra and the border areas. The post above, of 20 April, was advice to farmers on preparing their cane crop for the summer season. Cheap Internet...
More »Low rainfall may affect bank non-performing assets
-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...
More »Thirty-eight Indian cities in high-risk earthquake zones
-IANS NEW DELHI: At least 38 Indian cities lie in high-risk seismic zones and nearly 60 percent of the subcontinental landmass is vulnerable to earthquakes. Barring rare exceptions, such as the Delhi Metro, India's hastily-built cities are open to great damage from earthquakes. The earthquake that devastated Nepal on saturday and jolted northern India, damaging buildings as far apart as Agra and Siliguri, was expected by geologists, who have warned of more...
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