-The Times of India NEW DELHI: Niti Aayog vice-chairman Rajiv Kumar said on Saturday that the GDP growth rate under four years of the Modi government is still higher than the growth rate of last four years of UPA. In a series of tweets, Kumar said, "Growth rate under four years of Modi Government is still higher than the growth rate of last four years of UPA. This is being managed despite...
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Farmer producer organisations need their very own Amul -Jitendra
-Down to Earth Instead of encouraging them on paper, the government has to create a few model FPOs in the country and provide institutional support to them The Narendra Modi-led government has been tirelessly claiming that it would double farmers’ income by 2022. There is a lot of evidence to show that in the pursuance of this target, the income of farmers has not increased, but has rather stalled or decreased. Consequently,...
More »Are loan waivers the only way to help farmers? -Sanjay Kaul
-The Hindu Business Line The trend of farm loan waivers has gripped the country and Karnataka is the latest to jump on to the bandwagon. The fiscal strain of farm loan waivers on the States is worrisome. As per RBI, the gross fiscal deficit (GFD) of States rose to 3.1 per cent of GDP in 2017-18, breaching the threshold of 3 per cent GFD/GSDP ratio recommended by the Finance Commission. This threshold has...
More »Haryana government's hyped MSP scheme for vegetables comes a cropper -Sukhbir Siwach
-The Indian Express After the market rates crashed to Rs 1-2 per kg, only 565 tomato growers across Haryana received the average price difference payment of Rs 2,136. Kurukshatra: Jasbir Saini shows a message on his iBall mobile phone displaying an amount of Rs 296 credited to his bank account. That’s what the 47-year-old has received as “differential price” on the distress sale of his tomato crop under the Haryana government’s Bhavantar...
More »Fresh farm crisis brews in Maharashtra as banks tighten purse strings -Abhiram Ghadyalpatil
-Livemint.com Banks in Maharashtra have issued only 22% of the kharif season lending target of Rs43,342 crore till 27 June, said an official at the state department of cooperation Mumbai: Farm discontent is raising its head in Maharashtra yet again as banks remain tight-fisted on crop loans at the beginning of the sowing season, cancelling out the benefits of last year’s mega loan waiver. Banks in Maharashtra have issued only 22% of the...
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