-The Financial Express Over 14 crore households who cultivate on land owned by others under a formal lease agreement or even under a temporary arrangement overseen by the gram panchayats or other official functionaries may soon start getting assorted sops doled out to “farmers” by the government just as their land-owing counterparts do. According to official sources, the definition of farmer will be changed via a gazzette notification to include cultivators...
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Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
More »To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct
-The Financial Express Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the Farm Credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the...
More »Bhavantar Bhugtan Yojana: A scheme with a difference -Milind Ghatwai
-The Indian Express The MP government’s scheme paying farmers the difference between MSP and marketing prices has had a mixed impact on the ground. Dewas (Madhya Pradesh): “Baniya deta mandi mein, jo bachta hai woh sarkar deti hai” (what the trader gives in the market, the government gives the balance). That’s Bhavantar Bhugtan Yojana (BBY) for Arjun Singh Sendhav. The 29-year-old five-bigha (2.9 acres) farmer from Chaubara Jagir village is a beneficiary of...
More »Upper caste farmers stand to gain more from loan waivers -Roshan Kishore
-Hindustan Times Access to formal credit can be a major game-changer in determining farm-incomes. It is to be expected that richer farmers would find it easier to avail of formal credit lines. What ails Indian farmers? The answer to this question is often mired in ideological quarrels. Some blame a lack of reforms in agricultural markets, while others accuse the state of not doing enough to support farming. Systemic issues are...
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