-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
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Chemical fertilizers to be banned from 2016
-The Hindu Implementation in a phased manner: Mohanan ALAPPUZHA (Kerala): Agriculture Minister K.P. Mohanan has said that the government is seriously considering a ban on use of chemical fertilizers in the State. He was inaugurating an exhibition-cum-sale of dairy, agricultural, and industrial products organised by the Chengannur block panchayat here on Wednesday evening. Mr. Mohanan said the government was mulling over implementing the ban in a phased manner from next year. He said a study...
More »Tribespeople take digital route to market -KS Sudhi
-The Hindu Kochi (Kerala): With the tribespeople resorting to e-trading, as many as 14 products are expected to reach the doorsteps of customers across the world through a mouse click. The tribespeople of Chalakudy are trying out e-commerce to find better markets for their exclusive forest produce. With the tribespeople resorting to e-trading, as many as 14 products including forest honey collected from the rain forests of Chalakudy, wild turmeric (kasthoorimanjal) and kallurvanchi,...
More »Intelligence Bureau raises red flag on farmer suicides in its report to PMO -Aman Sharma
-The Economic Times NEW DELHI: The Intelligence Bureau has termed loan waiver and relief packages for distressed farmers as "short-term" measures and said the issue of farmer suicides needs a comprehensive solution. In a report to the Prime Minister's Office last week, the IB said farmer suicide is on a rise in Maharashtra, Telangana, Karnataka and Punjab. It also pointed to suicides by debt-ridden farmers in Gujarat, UP and Tamil Nadu...
More »Government taking 'speedy' measures to help farmers
-PTI NEW DELHI: Emphasising that ample credit to the tune of Rs 7 lakh crore flows in the agricultural sector every year, the government today said it is taking "speedy" measures to help farmers who are grappling with debt burden. "We will not let down our farmers," Minister of State for Finance Jayant Sinha told Lok Sabha during Question Hour. He said many steps have been taken to reduce debt burden as...
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