-Business Standard The total kharif crop acreage in UP now stands at more than 9 Mn Ha, including 6 Mn Ha of paddy and 1.7 Mn Ha of pulses Lucknow: Bountiful rainfall in arid Bundelkhand region of Uttar Pradesh has not only ended the drought spell of previous years but has also translated into the kharif acreage rising by almost 50,000 hectares this year. The area under different kharif (summer) crops across 7...

-The Indian Express According to MPI 2018 released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative, there are 271 million fewer poor people in India in this period. New Delhi: In the decade between 2005-06 and 2015-16, India has halved its Multidimensional Poverty Index (MPI) — an index that looks beyond income poverty to take into account deprivations in health, education, and living standards...

-The Indian Express It is important to evaluate the consequences of the Centre’s agriculture policy. With elections around the corner, it’s too late for a course correction of the farm sector, but it’s an opportune time to document the unintended consequences of half-baked policies for the next five years. Otherwise, the momentum of existing policies will continue to feed rural economic misery. Agriculture GDP growth plummeted just as India’s agricultural trade surplus,...

-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...