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Farmers get 60 days more to repay crop loans due in November-December

-PTI NEW DELHI: In a bid to provide relief to farmers hit by cash crunch, the government today gave them an additional two months to repay their crop loans due in November-December period and said that prompt repayment would be eligible for the extra 3 per cent interest subsidy. Under the interest subvention scheme, farmers get the short-term crop loan of up to Rs 3 lakh for one year at an interest...

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Odisha farmers go back to barter of labour practice post demonetisation

-PTI KENDRAPARA: With the harvesting of paddy crop drawing near, the age-old practice of 'Badalia', a system of exchanging labour services prevalent in coastal districts, is showing signs of revival in some pockets of Odisha. A small and marginal farmer like Jugal Kishore Lenka is all set to work in a fellow farmer's plot during harvesting to cut down his need for cash in the post-demonetisation scenario. Together with Sudam Sahu, a fellow...

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Time for a policy shift -Bishwanath Goldar & Arup Mitra

-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...

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Farm labour barter beats cash crunch -Manoj Kar

-The Telegraph Paradip: For Jugal Kishore Lenka, a marginal farmer from Goda village in Erasama block of Jagatsinghpur district, badalia, the once popular system of exchange of labour, has come as a big relief. Cash strapped by demonetisation, he was worried about labour payments for harvesting his paddy. Now, he has entered into a badalia arrangement with fellow farmer Sudam Sahu, who is also looking for labour for paddy harvesting. They can now exchange...

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Pulses pull up Rabi sowing above last five-season's average

-The Hindu Business Line Sowing of rice, coarse cereals continues to be lower than last year New Delhi: An increase in sowing of pulses has pulled up total sowing in the ongoing Rabi season so far to 519.27 lakh hectare, which is marginally above the previous five-years’ average acreage (normal of corresponding weak) of 517.45 lakh hectare. Compared with the acreage last year, which was a drought year, sowing till December 16 is...

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