-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...
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It's not Rural India alone; job scheme also in distress -Nitin Sethi
-Business Standard Even as country stares at a possible drought, Mahatma Gandhi National Rural Employment Guarantee Scheme has hit a new low At a time when Rural India is in distress, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which could have provided some relief, is itself facing its worst period ever. The number of people working under the scheme and the amount of work provided is dwindling, and the trend...
More »Challenge of agrarian distress
-The Hindu Everything else can wait but agriculture cannot, said Jawaharlal Nehru. This should have been the talisman for India’s progress. Yet, successive governments have failed to accord agriculture the priority it deserves. The tragic suicide of a farmer during an Aam Aadmi Party rally in New Delhi has brought to the fore the agrarian crisis facing India. Official records reveal that more than 2.96 lakh farmers have ended their lives...
More »Empowering Tribal Women, Increasing Productivity Through NHGs -A Satish
-The New Indian Express PALAKKAD: To strengthen the capacity of women and increasing their livelihood opportunities, tribal women in Attappadi are encouraged to undertake cultivation of traditional crops through the Neighbourhood Groups (NHG) of the Kudumbashree. A total of 506 exclusive tribal women NHGs have been constituted in Attappadi and seeds will be distributed to them before the monsoon sets in. This is being done under the Mahila Kisan Shashakthikarna Pariyojana (MKSP)...
More »Why RBI had to protect small farmers -Ravi Krishnan
-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...
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