-IPS News LUDHIANA: Long-term agricultural growth in India is slowing down. The lands that saw remarkable increases in productivity in the 1970s and 80s, thanks to the technology rolled out as part of the first “Green Revolution”, are not yielding the same results today. India still has the second highest number of undernourished people in the world. To confront this problem, Prime Minister Narendra Modi has called for a Second Green Revolution on Indian...
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Too poor to qualify for loans -Mehboob Jeelani
-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...
More »Farmers in the prime of life succumbing to ‘anxiety’ -Shankar Bennur
-The Hindu Inability to repay loans, and uncertain future taking a toll on young farmers Mysuru: Even as the disturbing trend of debt-ridden farmers ending their lives is turning chronic, most among them, at least in Mysuru district, were in their youth and had perhaps entered the vocation with much hope. At a time when youngsters are being encouraged to take up farming, the ongoing agrarian crisis in the State may drive them...
More »Drug pricing policy irrational, re-examine it, Supreme Court tells Centre
-The Times of India NEW DELHI: The Supreme Court on Wednesday asked the Centre to re-examine its drug pricing policy for essential medicines, calling it "unreasonable and irrational" as the price of some medicines is at around 4000% higher than what has been fixed by some state governments. A bench headed by Justice TS Thakur asked the ministry of chemicals and fertilizers to analyze and give explanation why the controlled price of...
More »Insurance scheme for farming sector on the anvil: Jaitley
-PTI Amritsar: "In the coming time, we have plans to spend Rs 50,000 crore on farming and irrigation sectors in the country." Union Finance Minister Arun Jaitley on Tuesday said the Centre was planning to spend Rs 50,000 crore on the farming and irrigation sector and plans were also afoot to roll out an insurance scheme exclusively for the farming sector to compensate for crop loss. Admitting that the condition of farmers is...
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