-Livemint.com The challenge of employment may be the next big crisis that the government may have to face Two of the burning issues currently dominating the public discourse are the amendments to the land acquisition bill proposed by the National Democratic Alliance and the ongoing crisis in agriculture. At the centre of all this is the Indian farmer, who, on the one hand, is struggling to save his land from draconian amendments to...

-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...

-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to Unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...

-MoneyControl.com The MET department has forecasted presence of El Nino for the second year in a row, only this time it is expected to be much stronger. Simultaneously the agriculture ministry has also submitted a report on Unseasonal rains that impacted the Rabi crops last fiscal. Will the agri community face the curse of weather gods once again? Abhijit Sen, professor of economics at JNU, says a depressed rural income is...

-The Times of India NEW DELHI: Raising the spectre of a second successive year of deficient rains, the India Meteorological Department has predicted below normal rainfall for the upcoming monsoon season with a 33% probability of rains being less than 90%, commonly referred to as a drought. "The monsoon seasonal rainfall is likely to be 93% of the long-period average with a model error of plus or minus 5%," said Union earth...