-Business Standard Skymet says rains will be normal in August Southwest monsoon has shown marked improvement over central and eastern parts of India in the past few days, narrowing the cumulative deficiency for July to 15 per cent from a high of 50 per cent. However, the situation is worrisome in parts of central Maharashtra, Marathwada, Rayalseema region of Andhra Pradesh, some districts of Telangana, and north interior Karnataka, where the total seasonal...
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Agrarian distress and suicides
-The Hindu Too much of public discourse on farmer suicides could bring on unseemly haggling over the numbers. Activists and the media rightly question loopholes in the National Crime Records Bureau data, pointing out that several State governments often report no farm suicides, contrary to local media reportage. However, there is also much needless suspicion and conspiracy-theorising; the NCRB’s data are from police station-level First Information Reports, and FIRs are often...
More »Agriculture can be highly profitable, but the gains are not easy to sustain -Vivian Fernandes
-FirstPost.com Travelling across the country for the past five months to bring farmers’ voices to urban audiences through a programme called ‘Smart Agriculture’ - to be broadcast every Saturday and Sunday from 25 July on CNN-IBN - we have learnt that agriculture is not a low-profit activity. In fact, it returns more than double the amount of cash invested. Sandipan Suman, a 47 year-old agricultural sciences graduate and maize grower in Bihar’s...
More »How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »A subsidy and some questions
-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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