-Livemint.com Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap of Rs. 85,400 per hectare Mumbai: In a significant move, the Devendra Fadnavis government in Maharashtra on Tuesday decided to make drip irrigation mandatory for sugar cane cultivation over 3.05 lakh hectares in the state. Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap...
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Why the eNAM platform hasn't taken off despite all the fanfare -Rajalakshmi Nirmal
-The Hindu Business Line Most States have not amended APMC Acts; existing mandis lack infrastructure The eNAM portal, launched by the Centre in April 2016, has 45.4 lakh farmers and 417 mandis across the country registered with it. This number is disappointing, given that there are more than 13 crore farmers in India. eNAM, which was envisioned as a unified national electronics Agriculture market, faces multiple hurdles. To implement it, each State has to first...
More »When too much is too little -Sanjay Kumar
-The Hindu The issue of food wastage must be fully understood, so that an effective strategy can be drawn up When Prime Minister Narendra Modi brought up the issue of food wastage on his ‘Mann Ki Baat’ programme about two months ago, he endorsed a valid point when he asked people not to waste food. Though he raised an extremely critical issue of national importance, he could also have used the occasion...
More »Sowing of Kharif crop completed in 53% of total cultivation area -Sayantan Bera
-Livemint.com Kharif sowing has been completed in 56.3 million hectares, 8% higher than the area planted by this time last year, and 12% higher than five-year averages New Delhi: Cultivation of rain-fed Kharif crops has been completed in over 53% of the total area planted during the season, showed data released by the Agriculture ministry on Friday. So far 56.3 million hectares have been planted under different crops, 8% higher than the area...
More »Lending to priority sector is good business, Mundra tells banks
-The Hindu Business Line RBI Deputy Governor says such loans support economic activity, generate income & surplus Mumbai: Given the overexposure of the banking system to large corporates and the consequences thereof in the last few years, Reserve Bank of India Deputy Governor SS Mundra said lending to priority sector is good business for all the right and justifiable reasons. “The excessive lending to corporate sector was the outcome of what I call...
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