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Steady decline in Farm Sector suicides from 2016 to 2019, NCRB data shows -Deeptiman Tiwary

-The Indian Express A comparative study of data on Accidental Deaths and Suicides released by NCRB shows that suicides in the agriculture sector have declined by 10% — from 11,379 in 2016 to 10,281 in 2019. Suicides in the Farm Sector have steadily declined over four years, according to the latest data released by the National Crime Records Bureau (NCRB). A comparative study of data on Accidental Deaths and Suicides released by NCRB...

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‘Make crop insurance a basic right for farmers’ -Rutam Vora

-The Hindu Business Line Farm leaders pitch for public sector entity for efficient and transparent settlement The dominance of private insurers, their lack of adequate on-ground physical presence coupled with opacity in settlements are some factors that have not helped the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme take off on expected lines. With multiple gaps in the current crop insurance structure, experts have called for making crop insurance a basic right for...

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Explained: With better monsoon, what is the outlook for India’s Farm Sector? -Udit Misra

-The Indian Express More and better-distributed rainfall this year is likely to result in higher sowing, higher production, productivity and profitability for the agriculture sector. While it is clear that India’s broader economy will contract this year, it is also true that well-distributed rainfall has meant that the agriculture sector per se may be quite productive this year. A new report by Crisil throws light on the prospects of the Farm Sector. Here’s...

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For the first time, Farm Sector set to grow even as GDP sees a contraction -Harish Damodaran

-The Indian Express The country’s GDP registered an annual decline, at minus 5.2%, last in 1979-80. But that year also recorded negative growth for agricultural GDP, at minus 12.8%. April-June may be the first time that India’s economy would contract year-on-year since the government started coming out with quarterly estimates of GDP from 1996-97. But the data for the quarter, to be released by the National Statistical Office on August 31, could...

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6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana

-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...

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