-Economic and Political Weekly The changes in Odisha’s agriculture made paddy production a losing proposition, especially for the Small farmers who leased in land. Substantial decline in farm income caused by exploitative land lease arrangements, denial of access to a regulated market, crop failures, increased cost of cultivation, and indebtedness pushed these farmers into severe economic hardship and an inhospitable social environment, which ultimately led to their suicides. Please click here to read more....
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On Day 1 of new govt, Cabinet extends PM Kisan to all farmers
-The Hindu Business Line 14.5 crore farmers will get Rs.6,000 annually in three equal instalments The Union Cabinet, which held its first meeting on Friday, decided to extend the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) to all farmers in the country irrespective of their landholdings. The Rs.75,000-crore PM Kisan scheme, first announced in the Interim Budget on February 1, was meant only for small and marginal farmers. According to the scheme, poor...
More »Ryot widows denied share of univided property -Swathi Vadlamudi
-The Hindu Title holding in-laws refuse to share benefits like Rythu Bandhu Hyderabad: Lakshmi is a woman farmer with a small holding in Gadsingapur village of Pargi mandal in Vikarabad district. She is left with two children, both girls, after her husband committed suicide a few years ago unable to bear the burden of mounting debts. She grew paddy and groundnut in her one acre land for some time, but later has been...
More »India's economy: broad hints of causes for worry
-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
More »Cyclone Fani: Initial estimate pegs crop damage at Rs. 150 crore -Priscilla Jebaraj
-The Hindu 35 lakh poultry birds killed in Odisha The initial estimate of Cyclone Fani’s damage to standing crops in Odisha has been pegged at Rs. 150 crore, but the State Agriculture Department warns that the destruction of storage facilities and harvested crops stored in the open could further spike those losses. Low insurance penetration could also exacerbate farmers’ losses, especially in the poultry sector. “Because of the advance warning, it was possible to...
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