-The Times of India NEW DELHI: Climate change is making development highly risky, particularly in lower-middle income countries like India. A study released by the UN office for Disaster Risk Reduction (UNISDR) on Wednesday said India suffered economic losses of $80 billion during the 20-year period of 1998 to 2017. India has been ranked among world's top five countries in absolute economic losses. Globally, disaster losses during this period have been estimated...
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Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »Banks Raked in Rs 5,000 Crore from Fining Customers for Breaching Minimum Balance
-PTI India's largest lender State Bank of India, which suffered a staggering net loss of Rs 6,547 crore during 2017-18, led the pack in penalising its customers for not maintaining minimum account balance. New Delhi: As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data. India's largest lender...
More »Agrarian distress in Vidarbha, Marathwada: subsidies, debt waivers no solution to farm crisis, prioritise watershed strategies, says study -Anuradha Mascarenhas
-The Indian Express The study ‘Agrarian distress: Why Vidarbha and Marathwada alone’, which aims to identify the causes behind the farm crisis in these regions, says top priority should be given to watershed strategies while planning mitigation measures. Pune: Subsidies and debt waivers cannot resolve the agrarian crisis, according to a study by the Gokhale Institute of Politics and Economics (GIPE). The study ‘Agrarian distress: Why Vidarbha and Marathwada alone’, which aims...
More »A case for zero-budget natural farming -Sudhirendar Sharma
-The Hindu Business Line Tested across AP, this technique, though devoid of chemicals, has helped boost productivity and cut production costs In the last fortnight, two announcements to revive the sagging farm sector evoked differing responses. While the announcement by the government to hike minimum support price for selected crops generated political noise, a more nuanced approach by NITI Aayog seeking State governments’ support in reducing cost of crop production was...
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