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Import talk halts onion price surge -Rahul Wadke and Vishwanath Kulkarni

-The Hindu Business Line Mumbai/ Bengaluru: As talk of onion imports gains ground, the price rally in the bulb in recent days seems to be ebbing. Wholesale prices of onions across major markets in Maharashtra, such as Lasalgaon, Pimpalgaon and Niphad, have witnessed a decline in the last two days. In Pimpalgaon, where arrivals stood at 2,500 tonnes on Friday, the modal prices dropped by a fifth to Rs. 2,000 per quintal...

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Economy red flags go up -Jayanta Roy Chowdhury and R Suryamurthy

-The Telegraph New Delhi: India's growth juggernaut has started to lose steam. In the mid-year Economic Survey, chief economic adviser Arvind Subramanian flagged big risks to economic growth and fiscal targets while asserting that the country had entered a "new phase of relatively low, possibly very low, inflation". In the first volume of the survey published in January, the government had forecast GDP growth in the range of 6.75 to 7.5 per cent...

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Plough or lease land, Karnataka tells farmers -ManuAiyappa Kanathanda

-The Times of India BENGALURU (Karnataka): If you own a piece of Agriculture land and haven't bothered to take up cultivation for the past two years or so, either get a plough in or just lease it out to farming contractors. The Karnataka government has begun identifying fallow lands and issuing notices to farmers and land owners asking them to either take up cultivation or give such lands on contract, in tune...

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Poor rate of Basmati reduces cultivating area to half -Anju Agnihotri Chaba

-The Indian Express Plunged from 8.61 L hectares in 2014 to 4.5 L hectares this year Jalandhar: THE POOR rate of Basmati (fine quality aromatic rice) which Punjab farmers have been getting for the past few years has resulted in reduced acreage and, in the past four years, the area of cultivation has decreased to nearly half under the crop. Scientists say that due to decrease in Basmati cultivation, the area under...

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Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan

-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...

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