The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...
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For rich or for poor? by Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
'Food subsidy is a massive burden…if so much is spent on subsidies, what is left for development?' agriculture minister Sharad Pawar recently asked. It is a legitimate question that is on the minds of many but seldom gets asked for fear of appearing callous. Are we prematurely trying to be a welfare State? In the developed world, safety nets like food stamps are regarded as humanitarian obligations toward the poor....
More »All smiles for bumper harvest by Animesh Bisoee
Jharkhand has produced more rice than it needs this season, thanks to the monsoon bounty after three consecutive years of drought, enabling the state to set up procurement centres in all 24 districts for the first time. Till now dependent on Chhattisgarh, Bihar and Madhya Pradesh for its annual requirement of around 20 lakh tonne of par boiled, or usna, rice, Jharkhand is likely to log a bumper harvest of 35-37...
More »Govt neglecting agri-research; more funds sought in 12th plan
-PTI Admitting that the government is neglecting research in the farm sector, the agriculture ministry has sought more funds in the next Five Year Plan (2012-2017) for significant jump in foodgrain production. "I think, we are neglecting agricultural science. The amount of importance that we should be giving, we are not giving, though we have very good scientists," Basu said at an international agri-conference here. "We are decades behind in agriculture science as...
More »Aquaculture has potential to cut poverty, combat food insecurity–UN report
-The United Nations More than 50 per cent of the world’s food fish will come from aquaculture, making it a crucial method to reduce poverty and combat food insecurity, said a United Nations report released today, while calling for governments to step up their efforts to support this practice. Aquaculture, which involves cultivating fresh water and saltwater populations of fish under controlled conditions as opposed to catching fish in the wild, is...
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