-The Indian Express Mumbai: Despite MGNREGA’s rich possibilities, Kumar notes that the Maharashtra government has slashed allocations under it to Rs 800 crore in 2014-15. Even as it stares at unprecedented crop loss from back-to-back droughts followed by untimely rains/hailstorms, Maharashtra has seemingly given the short shrift to MGNREGA, which could have gone some way in mitigating the current crisis. And significantly, its potential has been least leveraged in Vidarbha, the region...
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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...
More »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 »India's farmers face harder life ahead, say latest studies -Max Martin
-Business Standard/ IndiaSpend.org Complex changes in local and global weather patterns will have severe implications for India's 600 million farming community The unseasonal rain and erratic weather unsettling the Indian farmer—and the nation’s agriculture, economy and politics—are no aberrations. Extreme rainfall events in central India, the core of the monsoon system, are increasing and moderate rainfall is decreasing —as a part of complex changes in local and world weather—according to a clutch of...
More »Why RBI had to protect small farmers -Ravi Krishnan
-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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