Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...
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Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
More »'40 Percent People in India May Not Have Water to Drink by 2030' -Namrata
-The New Indian Express NEW DELHI: Forty percent of India's population may not have drinking water by 2030, if the water crisis in country is not met seriously, a study has warned. With the country facing a grave water crisis and lack of water conservation, the availability of potable water and ground water has decreased over the years which would result in severe situation in the country after a decade, said an...
More »Recharge groundwater to keep taps flowing, say experts -Sanjeeb Mukherjee
-Business Standard India should invest in mapping the country's aquifers and take steps to aid groundwater recharge to check a looming water crisis, experts said. With 40 per cent of the country under the impact of consecutive failed monsoons, water rationing could become a norm in many parts of the country in the coming summer, they warned. According to a recent Central Water Commission report, water levels in the Maharashtra reservoirs are 58...
More »Farmers' prospect destroyed by erratic rains
Like 2015, this year too unseasonal rainfall and hailstorm have taken the farmers by surprise. Recent media reports suggest that extreme weather event has damaged rabi crops in a number of states from north India. The Weekly Weather Report prepared for the week spanning 10-16 March, 2016, which was issued by the India Meteorological Department (IMD), shows that excessive rainfall was observed in Jammu and Kashmir, Himachal Pradesh, Punjab, Uttarakhand,...
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