-The Hindu To prevent further damage to the economy and to relieve distress, demonetisation should be revoked immediately Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money...
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TN sees demonetisation shadow over food output
-The Hindu In its first reaction, State govt. says disbursement of crop loans severely hit Chennai: Reacting to the demonetisation-triggered crisis for the first time, the Tamil Nadu government on Wednesday said that disbursement of crop loans to farmers through primary agricultural co-operative credit societies has been affected and it would severely affect food production in the State. The government was “unable” to give new loans to farmers for samba cultivation which accounts...
More »Hunger solutions from the soil -Shyam Khadka
-Livemint.com Healthy, living soil is the most essential element in ensuring food security. Yet it is often ignored by policy planners The global population, which stood at 6.1 billion in 2000, is estimated to reach 8.5 billion by 2030 and 9.7 billion in 2050. India has 2.4% of the world’s arable land and more than 17% of the global population. Meeting the demand for fibre and food to feed this growing population...
More »Missing stock is harming our food security
-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
More »Good monsoon fills reservoirs, heralds bumper harvest -Sanjeeb Mukherjee
-Business Standard 85%of the country gets normal rains, but Karnataka declares drought The southwest monsoon season (June to September) across the country in 2016 was 97 per cent of the long period average (LPA). Although it fell short of predictions by the weather office, this was the first normal monsoon in the country since 2013. If the rainfall is between 96 and 104 per cent of the LPA, it is considered normal. LPA...
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