-The Economic Times Despite substantial increase in agriculture production and productivity levels over the years, farmers’ indebtedness has not changed significantly. According to the National Bank for Agriculture and Rural Development (Nabard) All India Rural Financial Inclusion Survey (Nafis) 2016-17, 52.5% of agricultural households were indebted. Considerable efforts have been taken in channelising institutional credit to farmers and raising farm credit disbursement targets, with allocations increasing by Rs 1 lakh crore in...
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Rice procurement reaches 238.8 lakh tonnes
-PTI The government has procured 238.8 lakh tonnes of rice in the current 2018-19 marketing season so far, with purchase in Punjab and Haryana almost over, according to official data. The rice procurement target for the current season (October-September) has been fixed at 375 lakh tonnes. In the previous year, total rice procurement stood at 381.8 lakh tonnes. Procurement is undertaken by state-run Food Corporation of India (FCI) and State agencies for the...
More »Lifelines beyond farm loan waivers -Kirankumar Vissa
-The Hindu In addition to reforming the credit system, agriculture should be made profitable Rural agrarian distress is firmly at the centre of the national discourse today, triggered by the recent Assembly election results in the Hindi heartland as well as continuous farmer agitations in the past two years (picture). Just a month ago, the farmers’ march in Delhi highlighted the reality of their deprivation, anger and resolve. Quite remarkably, their presence...
More »Telangana is Proof Farm Loan Waivers Aren't a Long-Term Solution -Siraj Hussain
-TheWire.in The government has to evolve policies suitable to a particular state and fine-tune them according to local needs. ‘Nothing succeeds like success,’ first written by Sir Arthur Helps in Realmah in 1868, is going to guide political parties while they draft manifestos for the next parliamentary election. It seems that the Rythu Bandhu (RB) scheme – also known as the Telangana model of direct investment support (DIS) to farmers – has...
More »Kerala's alternative to farm loan waivers has lessons for India -Nidheesh MK
-Livemint.com Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It...
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