-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...
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Empowering Tribal Women, Increasing Productivity Through NHGs -A Satish
-The New Indian Express PALAKKAD: To strengthen the capacity of women and increasing their livelihood opportunities, tribal women in Attappadi are encouraged to undertake cultivation of traditional crops through the Neighbourhood Groups (NHG) of the Kudumbashree. A total of 506 exclusive tribal women NHGs have been constituted in Attappadi and seeds will be distributed to them before the Monsoon sets in. This is being done under the Mahila Kisan Shashakthikarna Pariyojana (MKSP)...
More »Bundelkhand—the worst place in India to be a farmer - Sayantan Bera
-Livemint.com How farmers in chronically drought-prone Bundelkhand made the rational choices to improve their lot and yet ended up in a debt trap Banda/New Delhi: “I have made up my mind. I cannot repay my loans. I cannot free my land. I will die,” Ram Bahadur Singh said, with a casual chuckle. The neighbours seated around did not react; after all, this was not the first time that the 52-year-old from...
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 »Challenge of agrarian distress
-The Hindu Everything else can wait but agriculture cannot, said Jawaharlal Nehru. This should have been the talisman for India’s progress. Yet, successive governments have failed to accord agriculture the priority it deserves. The tragic suicide of a farmer during an Aam Aadmi Party rally in New Delhi has brought to the fore the agrarian crisis facing India. Official records reveal that more than 2.96 lakh farmers have ended their lives...
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