Crop insurance claims settlement has crossed Rs. 15,500 crore mark, benefitting over 4 crore farmers in the country. Crop insurance claims worth Rs. 15,521 crore have been settled as on 24.06.2010. With Rs. 3041 crore, Gujarat is on the top followed by Andhra Pradesh (Rs.2600 crore), Maharashtra (Rs. 1481 crore), Karnataka (Rs. 1406 crore) and Bihar Rs. (1236 crore). From Rabi 1999-2000 to Kharif 2009, 4.27 crore farmers have benefitted...

The Union budget estimates the nominal rate of growth for the Indian economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...

Agricultural credit flow by cooperative and public sector banks exceeded the target by 13% in 2009-10 financial year. “The flow of credit to the agriculture sector increased significantly and banks have surpassed the target by extending Rs3,67,000 crore worth of loan to farmers,” an Agriculture Ministry official informed. The banks including public sector, cooperative and regional rural banks (RRBs), were set a target to lend Rs3,25,000 crore of credit to farmers last...

Chief Minister Parkash Singh Badal today urged state farmers to switch over to organic agriculture to prevent further contamination of underground water sources with pesticides. He was addressing farmers at sangat darshan programmes in several villages of Muktsar. He also released funds for the development of the villages. He urged farmers to opt for cash crops that would not only result in their prosperity but would also help to improve water...

Inadequate socio-economic infrastructure is the major cause for the backwardness of Muslims in 90 districts, which has a concentration of the community, across the country, according to a survey conducted by the Indian Council of Social Science Research (ICSSR). In its interim report submitted to the Union Ministry for Minority Affairs, the ICSSR said lack of access to educational institutions, inadequate number of educational institutions, a low literacy rate among parents...