-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...
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Kerala's alternative to farm loan waivers has lessons for India -Nidheesh MK
-Livemint.com Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It...
More »Marginal & small holdings saw increased fragmentation & contracted size between 2010-11 and 2015-16, indicates latest Agriculture Census
Just a few days ahead of the Kisan Mukti March in Delhi NCR, the provisional results of the Agriculture Census 2015-16 became available in the public domain. The report, among other things, highlights the long-term problems affecting Indian agriculture including fragmentation of land holdings (particularly the marginal and small ones) and shrinking average size of farm land. The provisional results of the latest Agriculture Census reveal that at the national level...
More »Camel milk is gaining popularity. Could it be an alternative for dairy market? - Smitha Verma
-Financial Express From camelccino to camel milk chocolate, there’s no dearth of delicacies on offer. Camel milk is in the news. And hailing its virtue is none other than Prime Minister Narendra Modi. Addressing a gathering of farmers in Anand, Gujarat, in October, Modi narrated how he was ridiculed for describing camel milk as nutritious once. It was during his stint as chief minister of Gujarat that he had tried promoting camel...
More »Bihar dumps Centre's insurance scheme for farmers, launches its own scheme to tackle crop loss -Anand ST Das
-The New Indian Express In an apparent snub to the Pradhan Mantri Fasal Bima Yojana, the Bihar government has launched its own scheme to provide guaranteed assistance to the state’s farmers. PATNA: In an apparent snub to the Pradhan Mantri Fasal Bima Yojana (PMFBY), the Bihar government has launched its own scheme to provide guaranteed assistance to the state’s farmers in the event of crop damage. At a time of growing unrest among...
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