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Agriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif crop loans to farmers -Partha Sarathi Biswas

-The Indian Express First, it was demonetisation and crop price crash; now it is the collapse of cooperative credit that is hurting farmers during peak kharif operations. For most Maharashtra farmers, drying up of institutional finance for kharif farming operations is what’s really hurting. Nashik (Maharashtra): Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed  Rs 1,608.55 crore of crop loans during April-June, exceeding its target of Rs 1,257.18 crore. This...

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How farmers in 3 Marathwada villages created an oasis in the suicide-prone region

-IANS Dubbed the Kadwanchi model, the watershed project has given farmers year-round access to water. Jalna: When massive crop failure and farmers’ suicide afflicted the Marathwada region in Maharashtra during the 2012-16 drought, farmers in three villages of Jalna district were not much concerned about the lack of rainfall. A watershed project had obviated their need to look at the heavens every season. Enough water was available in the 1,888 hectares area comprising...

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Middle Earth Moguls -Pragya Singh

-Outlook Good monsoon or bad, glut or drought, boom or bust...it’s always fair weather for the range of middlemen who come between the farmer and consumer. An anatomy of the trade. One of the axioms of logic is called the Law of the Excluded Middle. Something has to be eit­her true or false—there’s no middle ground. As we all know, economics works a bit differently. Facts can be fickle, data pliable, and...

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Delayed impact

-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, growth at 7 per cent for...

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60% of all east-bound trains ran late in May -Avishek G Dastidar

-The Indian Express In May, data shows, only 3.04 per cent trains lost punctuality due to law and order problems. Rail passengers travelling to the eastern parts of the country from the north were most affected by train delays in May, according to official data obtained by The Indian Express.  The data show that of the 19,450 trains that failed to keep time from May 1 to May 30 across India, around...

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