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Truth about PM's 'Housing for All' scheme: it is far off target

-Down to Earth Eighteen months and Rs 4,275.31 crores later, not even 0.1 per cent of the project could be completed "By the time the nation completes 75 years of its Independence (2022), every family will have a pucca house with water connection, toilet facilities, 24x7 electricity supply and access." It was May 2014 and the Modi-led government had just come to power. A year later, during the presentation of Annual...

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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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Micro-irrigation lags far behind potential, shows study -Sayantan Bera

-Livemint.com The study says that only 7.73 million hectares in India, compared to a potential 69.5 million hectares, were covered under micro-irrigation by March 2015 New Delhi: Farming uses over 90% of India’s fresh water, but despite the potential savings micro-irrigation can offer, its penetration is abysmally low, shows a recent study. Just 7.73 million hectares in India, compared to a potential 69.5 million hectares, were covered under micro-irrigation by March 2015, shows...

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Revisit interest subsidy scheme for farmers -Ashutosh Kumar Tripathi

-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...

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Punjab's mounting farmer crisis

-Business Standard Green revolution pioneer now marked by rising rural despair, with high costs and low incomes pushing a mass of small cultivators into a debt trap Chandigarh: Fifty eight and counting…the number of farmers' suicides in Punjab in the past three months due to agrarian distress is alarming. Maharashtra, Punjab and Telangana top this grim list, the Union government informed Parliament last week. Rainfed states are in a crisis due to two...

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