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Nabard thinks Mumbai needs 50% of agri loans -Alok Deshpande

-The Hindu The fact that a megapolis, and not the drought-affected areas of Maharashtra, is the biggest beneficiary, has angered many Bristling with glass towers and commercial districts, Mumbai is unquestionably the financial capital of India. The most greenery an average Mumbaikar can hope to grow is a few herbs in window flower-pots. Which is why it seems strange that the city will be the biggest beneficiary of agriculture loans, as projected by...

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How Do We Combat Droughts?

-Economic and Political Weekly Agriculture cannot be revived without a different approach to water, soil, crops and research. For the second year in succession, rainfall in the monsoon season has been less than normal. As many as 302 out of the 640 districts in the country have been declared drought-hit and the impact of the drought is the severest in nine major states of south, central and east India. It is striking...

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Here is why farmers' rights groups are unhappy with PM Modi's insurance scheme for them -Yogesh Pawar

-DNA Widespread damage and loss of the Kharif crop in 2015 due to drought served to highlight the insecurity of the Indian farmers in the face of various challenges beyond their control: drought, hailstorms, unseasonal rains, cyclones, wild animals, epidemics and seed or technological failures, among others. Farm rights movements across the country have rubbished the Pradhan Mantri Fasal Bima Yojna (PMFBY) calling it “a dressed up version of existing crop insurance...

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Flagship scheme MGNREGA: Sustainability of a turnaround - Shalini Nair

-The Indian Express A renewed funding squeeze may undermine MGNREGA’s recent revival, fear civil society activists. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme which guarantees 100 days of wage employment per year to rural households, may have staged a revival in the last two quarters after showing a declining trend in person-days generation during the first year of the Narendra Modi government. But the turnaround could well be temporary,...

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MGNREGA: Minister writes to Jaitley, seeks more funds for job scheme

-The Indian Express Twelve states presently show a negative balance with long overdue unpaid wages, threatening the continuation of the scheme. Despite the recent revival, there is crisis looming for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) as the Rural Development Ministry has exhausted more than 95 per cent of its budget provision for the scheme. The fund squeeze has forced Rural Development Minister Birender Singh to write to Finance...

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