-Hindustan Times Of the affected states are also those announced farm loan waivers just months ago to bail out beleaguered farming community. With the southwest monsoon season about to end in less than three weeks’ time, the government’s drought warning system predicts there could be a drought in 225 districts across “17 agriculturally important states of India,” putting further strain on distressed agriculture sector. According to the government’s National Agriculture and Drought...

-The Times of India NEW DELHI: Seeking to protect farmers from price volatility by ensuring guaranteed price for their produce, the Centre will come out with a draft model law on contract farming this month. Once it is made public, stakeholders including farmers will be given 30 days to comment and give suggestions. A final 'model' contract farming Act is expected to be released in November after incorporating the suggestions. "The final model...

-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...

-The Hindu Business Line Strengthening of global demand will support domestic economy: RBI Kolkata: The Reserve Bank of India, in its Annual Report 2016-17, has said strengthening external demand will help support the economy, even while favourable domestic conditions are expected to quicken the pace of overall economic activity during the year. Global growth is gaining traction in 2017-18, with the recovery driven primarily by a cyclical upturn in investment, manufacturing and trade,...

-The Hindu Business Line New Delhi: A substantial increase in Input Costs of materials has led to a decline in crop income over the years. This has resulted in the purchasing power of farmers not improving even though there was an increase in farm output, an official report has said. “By and large, the per hectare real value of output increased for most crops during the period 2004-05 to 2013-14, but the...