At a time when the flow of Institutional Credit has tended to look up, pointing to economic recovery, the disbursal of agricultural credit has dipped by an astonishing 30 per cent, putting the prospects of recovery in the drought-ravaged farm sector in jeopardy. The numbers released by the National Bank for Agriculture and Rural Development (Nabard) indicate that both commercial banks and cooperative credit outlets are lagging behind their targets...

The procurement of rice for distribution under the proposed Right to Food scheme has renewed the fears of irreversible depletion of water table in India’s grain producing regions. It is feared that unless more scientific and progressive methods of rice cultivation are used, the otherwise welcome scheme would lead to more sowing of summer paddy leading to more injudicious water use and further soil degradation. Many rural NGOs and agricultural...

With shift to a high-input cash cropping system, the debt process bears an uncanny resemblance to the ‘catastrophe’ If it does not rain over the next week, farmers of Petlawad tehsil and its neighbouring regions in Jhabua might have to go the same way as their brethren in Vidarbha did. Madhya Pradesh Chief Minister Shivraj Singh Chauhan recently declared Jhabua, along with 36 other districts, drought-hit. The agricultural apparatus in...

KEY TRENDS   • Suicide by self-employed persons in agriculture as a percentage of total suicides at the national level stood at 15.6 percent in 1996, 16.3 percent in 2002, 14.4 percent in 2006, 13.7 percent in 2009, 11.9 percent in 2010, 10.3 percent in 2011, 11.4 percent in 2012 and 8.73 percent in 2013. Suicides committed in the farming sector (by farmers plus agricultural labourers) as a proportion of total suicides in India was 9.4 percent in...

Output and Growth     According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...