-Scroll.in Farmers complain they do not have any support from the state in terms of irrigation or price guarantees for their cash crops. On the morning of June 17, there was an uproar outside the office of Thaneswar Malakar, the deputy commissioner of Assam’s Barpeta district. Some 50-odd rice Farmers, under the banner of the Farmers’ organisation Krishak Mukti Sangram Samiti, shouted slogans and demanded to meet Malakar. The Farmers were agitated...
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Farm loan waiver may give Karnataka Farmers easier access to credit -
-Livemint.com Burden of farm loans has driven many Karnataka Farmers into the clutches of moneylenders, who at times charge even by the hour Bengaluru: Naveen Kumar, 40, a small farmer in Hassan district, Karnataka, paid Rs.2,400 as premium (Rs.1,200 per acre) to insure his jowar crop last year. The crop failed after deficient rains. But Kumar was covered—or so he thought. Earlier this year, he received Rs1,600 (Rs800 per acre) as compensation—33% less...
More »Delayed rains in Central India have Farmers worried -Rutam Vora
-The Hindu Business Line ‘Odd’ monsoon path upsets crop cycle, slows down sowing Ahmedabad: Farmers in Gujarat, Madhya Pradesh and parts of Maharashtra are a worried lot as the ‘monsoon watch’ gets longer in the key growing regions, affecting the sowing of kharif crops. According to the latest available data, Farmers in Gujarat have completed sowing on about 8.71 lakh hectares, which is more than double the 2.74 lakh hectares sown by about...
More »How farm loan waivers can actually benefit the economy -Charan Singh
-The Financial Express The fastest-growing major economy of the world cannot ignore its Farmers as there is a genuine need to help the farming sector which is suffering from stress on account of indebtedness. The banking industry is also not able to extend credit to those Farmers who are in default. A loan waiver can help bankers to renew the loans, and Farmers can use the borrowed money for production of...
More »Government Allows Co-Operative Banks To Deposit Old Notes With RBI -Abhishek Vasudev
-NDTV Profit The relaxation comes against the backdrop of reports that many district co-operative banks did not have enough cash to disburse to Farmers. The Finance Ministry on Tuesday allowed banks, post offices and district central cooperative banks to deposit the scrapped Rs. 500 and 1,000 rupee notes with the Reserve Bank of India within 30 days and exchange the value of notes deposit with the new notes. In an official notification...
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