-PTI NEW DELHI: In a bid to provide relief to farmers hit by cash crunch, the government today gave them an additional two months to repay their crop loans due in November-December period and said that prompt repayment would be eligible for the extra 3 per cent interest subsidy. Under the Interest Subvention Scheme, farmers get the short-term crop loan of up to Rs 3 lakh for one year at an interest...

-Livemint.com The study says that only 7.73 million hectares in India, compared to a potential 69.5 million hectares, were covered under micro-irrigation by March 2015 New Delhi: Farming uses over 90% of India’s fresh water, but despite the potential savings micro-irrigation can offer, its penetration is abysmally low, shows a recent study. Just 7.73 million hectares in India, compared to a potential 69.5 million hectares, were covered under micro-irrigation by March 2015, shows...

-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...

-Business Standard Green revolution pioneer now marked by rising rural despair, with high costs and low incomes pushing a mass of small cultivators into a debt trap Chandigarh: Fifty eight and counting…the number of farmers' suicides in Punjab in the past three months due to agrarian distress is alarming. Maharashtra, Punjab and Telangana top this grim list, the Union government informed Parliament last week. Rainfed states are in a crisis due to two...

-Livemint.com The efforts of the government in revamping the crop insurance and land titling schemes are long-term solutions which will take time to bear results The agricultural sector is facing its worst moment in the last three decades. The last time India saw such distress caused by back-to-back deficient rains was during the drought of 1986-87 and 1987-88. The severity of the situation is evident from the stories of migration and...