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Drought relief: TN wants Centre to give Rs. 39,565 cr from disaster fund

-The Hindu Business Line CM writes to Modi, submits memorandum Chennai: The Tamil Nadu government has urged the Centre to sanction ?39,565 crore from the National Disaster Response Fund, and to release immediately Rs. 1,000 crore ‘on account’ to take up drought mitigation work in the state. The state was hit by heavy floods in December 2015 and by Cyclone Vardah in December 2016. The State Disaster Response Fund is not sufficient to...

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Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes

-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...

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Crisis time in Kerala; rice bowl Palakkad worst affected -Vinson Kurian

-The Hindu Business Line Thiruvananthapuram: Kerala is anticipating a significant drop in agricultural output as a result of the successive failures of the South-West and North-East monsoons in 2016. While the June-September season left a gaping rain deficit of 34 per cent, the October-December season that followed has proved even more disastrous, with a shortfall of 61 per cent. Significant variation Such a significant departure from the norm is causing an unprecedented crisis to...

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Right to Food activists demand for safeguards to reduce hardships of demonetisation

A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...

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Official data exposes Centre's inflated claims on success of agriculture insurance scheme -Jitendra

-Down to Earth The number of non-loanee farmers opting for insurance reached 9.7 million in kharif season of 2016 as against 9.8 million in the same period in 2015    On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in 2016. According to the press release, “There has been a quantum jump of more than six times...

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