-The Times of India AGRA: Unseasonal Rains that lashed fields across northern India and destroyed crops have not only driven farmers to commit suicide by the dozens, many are now lining up at mental hospitals for help. In just the last one month, there has been a staggering 33% increase in patients visiting Agra's renowned Institute of Mental Health and Hospital (IMHH). Doctors at the hospital told TOI on Monday that almost...
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From plate to plough: A Baisakhi gift for the farmer -Ashok Gulati
-The Indian Express Unseasonal Rains are breaking the back of Indian farmers. The prime minister has taken the first step by deciding to raise the existing norms of compensation by a hefty 50 per cent - from the existing Rs 9,000 per hectare for irrigated crop, Rs 4,500 per ha for unirrigated crop and Rs 12,000 per ha for perennial crop. Further, the compensation will be given to all those who...
More »Freak weather may hit kharif crop too: Experts
-The Times of India NEW DELHI: Changiram, a farmer from Kota's Darbheeji village, had sown his four-hectare land with wheat, investing around Rs 80,000 in seeds, fertilizers and labour. He expected to earn around Rs 4 lakh. But Unseasonal Rains and hailstorms in March damaged more than 70% of his crop, leaving him insolvent and staring at a bleak future. Changiram's plight mirrors that of tens of thousands of farmers across the...
More »The Centre asks Bankers to Restructure Crop Loans and Insurance
-Press Information Bureau/ Ministry of Agriculture The Central Government has asked State Level Bankers' Committees to facilitate timely restructuring of crop loans. With restructuring, the loan repayment period would be extended. The Home Ministry has also written to states to keep 10% of SDRF fund reserved for "local disasters" such as heavy rain which are to be declared at par with national disasters and use this money for distressed farmers. This...
More »MUDRA Bank launched by PM Modi, increases farmer’s compensation
-Tehelka Prime Minister announced increase in quantum of compensation for crop damage to affected farmers by 50 per cent. Showering a bright hope to small entrepreneur, Prime Minister Narendra Modi launched MUDRA (Micro Units Development and Refinance Agency) bank under the Pradhan Mantri Jan Dhan Yojana which will provide credit up to 10 lakh to small entrepreneur and act as a regulator for ‘Micro-Finance Institutions' (MFIs). The prime minister also announced increase in...
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