-Business Standard Interest subvention, crop insurance on the cards The finance ministry is working on a plan to increase the number of workdays in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) from 100 a year per person per household to 150 in areas receiving low monsoon rain. The government might also provide interest subvention and crop insurance in drought-affected regions through the e-Financial Management System (eFMS). “Since the eFMS contains the data...
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Farm sector: In focus -Renu Kohli
-Livemint.com In summary, it is hard to escape the macroeconomic consequences of an agriculture shock, notwithstanding fluctuation-smoothing strategies The monsoon forecast, close on the heels of the Reserve Bank of India’s (RBI) monetary policy review, has turned all eyes to the farm sector. If the actual out-turn matches the India Meteorological Department’s (IMD) predictions — seasonal rainfall at 88% of the long-period average (LPA) for 2015 — it would be on...
More »Monsoon in India: Rain deficit to hit several crops -Banikinkar Pattanayak
-The Financial Express The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon. The Narendra Modi government has pledged to employ all machinery at its disposal to deal with a second straight year of deficient monsoon and denied an impending distress in the vulnerable pockets of the country, but a dispassionate look at the ground situation would show there...
More »Prepare for the rainless day -Ashok Gulati & Shweta Saini
-The Indian Express A tussle is on between El Niño and the Indian Ocean Dipole. Government cannot afford to be a bystander. The Indian Meteorological Department (IMD) has predicted that India will get deficient rains in 2015, likely to be 88 per cent of the Long Period Average (LPA) of 89 cm, which is the average seasonal rain (June-September) received by the country in the 50 years between 1951 and 2000....
More »From plate to plough: Padyatras, politics, policies -Ashok Gulati
-The Indian Express Rahul Gandhi will help farmers more if he focuses on how policies are implemented On April 30, Congress vice president Rahul Gandhi undertook a padyatra of about 15 km in the Vidarbha region to register his sympathy and concerns for farmers. Vidarbha has been reeling under agrarian distress for many years, and has also been an epicentre of farmer suicides. Cotton being one of the primary crops of this...
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