-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...
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Is Bihar in midst of second green revolution? -Mayank Mishra
-Business Standard Patna/Nalanda: Baldev Prasad Mandal, a native of Painathi panchayat in Bihar's Patna district, sold 250 quintals of rice to the village-based primary agriculture credit societies (PACS), an agency responsible for procuring foodgrain directly from farmers at the rate of Rs 1,660 a quintal in March this year. Even as the new kharif season is about to begin, Mandal is one of the many farmers in the state who are...
More »Think tank report hints at diversion of cheap farm loans -Puja Mehra
-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...
More »Pankaja Munde accused of financial irregularity in Rs 206 crore scam
-The News Minute Maharashtra's Women and Child Development Minister Pankaja Munde on Wednesday was embroiled in a controversy involving alleged irregularities in awarding contracts worth Rs 206 crore and the opposition demanded a probe. Among the allegations are irregularities in awarding contracts for workbooks for students, water filters, growth monitoring machines for malnourished kids, medicines and chikkis (sweet cookies with nuts and dryfruits in a jaggery base) earlier this year. Munde, however, rubbished...
More »Farmers Find their Voice Through Radio in the Badlands of India -Stella Paul
-IPS News TIKAMGARH: Eighty-year-old Chenabai Kushwaha sits on a charpoy under a neem tree in the village of Chitawar, located in the Tikamgarh district in the central Indian state of Madhya Pradesh, staring intently at a dictaphone. “Please sing a song for us,” urges the woman holding the voice recorder. Kushwaha obliges with a melancholy tune about an eight-year-old girl begging her father not to give her away in marriage. The melody melts...
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