-The Times of India MUMBAI: It's known as the land of politically powerful sugar barons and has long been the leading producer of sugarcane in the country. But this year, Maharashtra has turned out the highest sugar output ever in its 55-year history. By May, it's expecting an output of a record 103 lakh tons—34% more than in 2014. But the glut is not good news. Sugar prices have crashed by Rs...
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200 farmers committed suicide in Marathwada, says official
-PTI AURANGABAD: The total number of farmers who committed suicide during the last three months in the eight districts of Marathwada region has crossed 200, official sources said here today. The main reason behind taking the extreme step is bankruptcy due to loans which cannot be repayed due to crops destroyed by natural calamities. Notably, last year, 510 farmers ended their lives. As of 2015, families of 105 farmers who ended their lives,...
More »Maharashtra's drought-hit farmers without bank accounts denied aid -Priyanka Kakodkar
-The Times of India MUMBAI: A staggering Rs 460 crore disbursed by the Maharashtra government as compensation for drought-hit farmers has come right back to the state's coffers. The key reason it could not be distributed, officials admit, is that lakhs of farmers impacted by the calamity do not have bank accounts - now a mandatory requirement for aid recipients. Since 2014, Maharashtra has been allotting aid only to bank accounts of...
More »Maharashtra plans to bring farmer suicide under insurance cover -Shubhangi Khapre
-The Indian Express Mumbai: The Maharashtra government is likely to bring farmers' suicides under insurance cover to enable higher financial compensation to the victims' families, state Agriculture Minister Eknath Khadse has told The Indian Express. The development comes at a time when the government is grappling with drought across 24,000 villages and an increasing number of farmer suicides is being reported from the Marathwada region. Statistics show that almost 85 to 90...
More »Climate change costs
-Business Standard Unpredictable weather may impact 30 per cent of the harvest India has been hit by unusual weather. Much of the country has endured unseasonal rain, even hailstorms. In the process, nearly 30 per cent of the rabi planting seems to have been spoiled, with adverse implications for food availability and inflation, as well as farmer distress. The first half of March has been unusually cool, besides being the wettest for...
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