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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...

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Govt pushes land bill, yet vast swathes of acquired land lie unused

-Hindustan Times New Delhi: The BJP-led NDA government showed great speed in promulgating an ordinance to push through the land acquisition act, but an investigation by HT reveals that thousands of hectares of land acquired by the government is lying unused in several states. Madhya Pradesh, Maharashtra and Uttar Pradesh top the list of states where land acquired even decades ago has not been industrialised. In the past 50 years, for instance, the...

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Why our farmers urgently need help -Devinder Sharma

-DNA Broken promises apart, a regular income for farmers is extremely essential There is trouble on the farm front. With untimely rains accompanied by hailstorms and strong winds showing no signs of relenting, further deepening the prevailing agrarian crisis; and with the spate of farmer suicides on the rise, agriculture faces its worst-ever crisis. While the rising number of farmer suicides is only a reflection of how fragile the agrarian economy...

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Supreme Court to hear plea against re-promulgated land ordinance on Monday

-PTI NEW DELHI: The Supreme Court today agreed to hear on Monday the plea of farmers' organisations challenging legality of the fresh promulgation of the land acquisition ordinance by the narendra modi-led government. "We will have it on Monday," a bench comprising Chief Justice H L Dattu and Justice Arun Mishra said, when senior advocate Indira Jaisingh, appearing for farmers' organisations sought urgent hearing of the petition. The farmers' organisations, in their plea...

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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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