-The Tribune Chandigarh: The National Bank for Agriculture and Rural Development (NABARD) has imposed a cut of Rs. 3,400 crore on the allocation made to the state to advance short-term crop loans. The loans are advanced twice in a year for rabi and kharif crops. At least 10.5 lakh farmers are expected to be hit hard. These loans are advanced on half-yearly basis through agriculture cooperative societies. On an average, NABARD used to...
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Monsoon improves, but pockets remain dry -Sanjeeb Mukherjee
-Business Standard Skymet says rains will be normal in August Southwest monsoon has shown marked improvement over central and eastern parts of India in the past few days, narrowing the cumulative deficiency for July to 15 per cent from a high of 50 per cent. However, the situation is worrisome in parts of central Maharashtra, Marathwada, Rayalseema region of Andhra Pradesh, some districts of Telangana, and north interior Karnataka, where the total seasonal...
More »Agriculture can be highly profitable, but the gains are not easy to sustain -Vivian Fernandes
-FirstPost.com Travelling across the country for the past five months to bring farmers’ voices to urban audiences through a programme called ‘Smart Agriculture’ - to be broadcast every Saturday and Sunday from 25 July on CNN-IBN - we have learnt that agriculture is not a low-profit activity. In fact, it returns more than double the amount of cash invested. Sandipan Suman, a 47 year-old agricultural sciences graduate and maize grower in Bihar’s...
More »How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »Tribal Priestesses Become Guardians of Seeds in Eastern India -Manipadma Jena
-IPS News NIYAMGIRI: As the rhythmic thumping of dancing feet reaches a crescendo, the women offer a song to their forest god for a bountiful harvest. Then, with earthen pots on their heads and their spiritual creatures – a pigeon and a hen – in tow, they proceed in single file on a long march away from their village of Kadaraguma, located on the Niyamgiri mountain range in the Rayagada District of...
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