-The Financial Express There are several facets to India’s weak pulse economy. Nevertheless, it is a glorious moment for the country as pulse production is expected around 22 million tonnes in FY17 surpassing all previous records. According to the initial estimates of the Agriculture ministry, kharif production will reach 8.2 million tonnes against 5.4 million tonnes recorded in the last fiscal. This would be possible due to higher allocation of land to...
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More farmers covered under crop insurance scheme -Amiti Sen
-The Hindu Business Line About 3.15 crore farmers have been insured this kharif season against 3.08 crore last year, claims Agriculture Ministry New Delhi: The Centre appears to have scored some points on the success of the recently-launched Pradhan Mantri Fasal Bima Yojana — the flagship insurance scheme for farmers. Going by the latest estimates of coverage and the sum insured it has seen a marginal increase vis-a-vis last year. “We are still compiling...
More »Joblessness rises to 5-year high -Somesh Jha
-The Hindu Female unemployment rose to 8.7% in 2015-16 from 7.7% a year earlier Jobless economic growth continues to haunt India's youth, with the country’s unemployment rate rising to a five-year high of five per cent in 2015-16, according to the latest annual household survey on employment conducted by Labour Bureau. India’s economy grew 7.1 per cent in the first quarter of 2015-16, slowing from 7.9 per cent a year earlier. The country’s...
More »Falling wholesale prices of pulses show pitfalls of a bumper crop -Sayantan Bera and Prerna Kapoor
-Livemint.com The problem could be most acute for pulses with production hitting a record high but prices falling below the govt’s minimum support prices New Delhi: Following consecutive years of drought, India is set to harvest a record crop of foodgrains but farm incomes could take a hit due to falling wholesale prices. The problem could be most acute for pulses with production hitting a record high but prices falling below the...
More »Agriculture loans a far cry for tenant farmers in Andhra -Jayanth P
-The Times of India VIJAYAWADA: The farm credit disbursal system in the state remains crippled for a long time now as a majority of tenant farmers, who constitute about 80 per cent of the cultivators in the state, are unable to avail of the loan facility. Experts say the latest recommendations by the bankers' sub-committees also do not reflect the reality. In fact, they fear the recommendations will only aggravate the...
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