-Livemint.com Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap of Rs. 85,400 per hectare Mumbai: In a significant move, the Devendra Fadnavis government in Maharashtra on Tuesday decided to make drip irrigation mandatory for sugar cane cultivation over 3.05 lakh hectares in the state. Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap...
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Govt admits PM crop scheme lapses
-The Telegraph New Delhi: The government today conceded there were shortcomings in the Prime Minister Crop Insurance scheme and asked states to set up their own insurance companies to prevent "malpractices" by private firms. Speaking during a five-hour debate on the agrarian crisis in the Lok Sabha late on Wednesday night, agriculture minister Radha Mohan Singh said: "There are shortcomings in the implementation although the modified scheme is very good. We are...
More »Potential of farm exports not fully tapped, says study
-The Financial Express The domestic prices of key agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...
More »Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari
-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...
More »Why the eNAM platform hasn't taken off despite all the fanfare -Rajalakshmi Nirmal
-The Hindu Business Line Most States have not amended APMC Acts; existing mandis lack infrastructure The eNAM portal, launched by the Centre in April 2016, has 45.4 lakh Farmers and 417 mandis across the country registered with it. This number is disappointing, given that there are more than 13 crore Farmers in India. eNAM, which was envisioned as a unified national electronics agriculture market, faces multiple hurdles. To implement it, each State has to first...
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