-Newsclick.in The estimated growth rate for the second quarter has been declared as 6.3%, but this is nothing that an average Indian should celebrate. The quick estimated growth rate of GDP for the second quarter (Q2) of 2017-18, has been declared as 6.3%, compared to 5.7% of the previous quarter (Q1). This is seen by many, including Mr Jaitley, as a sign that India’s economic growth is back on track. According to...
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A Comprehensive Guide From RBI on How 'Not' to Lend to Farmers -Bodapati Srujana
-Newsclick.in This might help understand why there is a huge gap between the amount of loans banks claim they have given to the farmers and the amount that is actually received by the farmers. If you ever find yourself with time on your hands, and don’t know what to do with it – here is something that you can do. Just go to the website of Reserve Bank of India, and search...
More »Agriculture Crisis Grips 'Model' Gujarat -Prudhviraj Rupawat
-Newsclick.in Agricultural output is stagnating, farmers’ debt and suicides are rising, 35% cultivators have abandoned farming – gujarat’s development model has betrayed farmers Here are some facts about the state of Agriculture in Gujarat, often described by BJP as the crucible for ‘model’ governance and development: Between 2001 and 2011, the number of cultivators in Gujarat fell by 355,181, the bulk of which was marginal cultivators (those who cultivate only up to...
More »Ramesh Chand, NITI Aayog member and agricultural economist, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com Farm economist and NITI Aayog member Ramesh Chand on the urgency of agricultural market reforms to meet the target of doubling farm incomes by 2022 New Delhi: Apart from staging protests in Delhi, farmers must make themselves heard in state capitals as well to resolve issues outside the central government’s control, farm economist and NITI Aayog member Ramesh Chand said. In an interview, he spoke of the urgency of agricultural market...
More »The MSP mirage hits Maharashtra's soya farmers -Rahul Wadke
-The Hindu Business Line Mumbai: Astride soyabean sacks, 33-year-old market intermediary Parmeshwar Suryavanshi is literally at the top of his game. Suryavanshi belongs to the set of middlemen, locally called Adityas, at the Agriculture Produce Market Committee (APMC)-controlled marketyard at Latur in Maharashtra. Below MSP prices When he raises his voice to call out bids, he also raises prices of soyabean though not quite enough to reach the minimum support price (MSP) of ?3,050/quintal....
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