-The Telegraph 15 such banks have been opened in Vijayapura district Vijayapura (Karnataka): In times of drought, cattle drive to a goshala (cattle shed) to feed them and driving them back may prove cumbersome. That explains the reason for the declining demand for goshalas in some of the drought-affected districts in the State. If the developments in the drought-affected districts are of any indication, the goshala concept seems to be becoming redundant...
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Bundelkhand’s drought-hit farmers told to cultivate oilseeds
-The Hindu The U.P. government will now provide farmers a grant of Rs. 1,500 per quintal in the Kharif season and Rs. 800 per quintal in the Rabi season. Lucknow: To help farmers recover from successive crop losses in drought-affected Bundelkhand, the Uttar Pradesh government is encouraging them to increase the cultivation of oilseeds, especially sesame (til), in the coming Kharif season. The State has increased subsidy on oilseeds. The government will now...
More »Centre asks states to scale up DBT scheme for food subsidy -Sandip Das
-The Financial Express In a bid to curb pilferage of foodgrains in the Targeted Public Distribution System (TPDS), the Centre on Saturday asked the states to opt for Direct Benefit Transfer (DBT) under which the subsidy component is credited to bank accounts and allows the beneficiaries to buy foodgrains from the market. However, for implementing DBT, the states must complete digitisation of beneficiary list and seed bank account details for fund transfer....
More »Revisit interest subsidy scheme for farmers -Ashutosh Kumar Tripathi
-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...
More »From Plate to Plough: Drop by careful drop -Ashok Gulati
-The Indian Express Convert crisis into opportunity: Shift from supply side augmentation to demand side management. Scattered “mango rains” have brought a little respite from scorching heat in certain places. Earlier, IMD’s forecast of above normal monsoon rains had given some hope for forthcoming acche din. Yet, a sizeable part of India is still smouldering under the grip of a drought. Bundelkhand and Marathwada are just samples, but in reality more...
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