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Social sector asks Jaitley to review subsidy alternatives -TCA Sharad Raghavan

-The Hindu Several instances of in-kind transfers being successfully implemented. Social sector groups want Finance Minister to review the implementation of alternative subsidy systems before going ahead with Direct Benefit Transfer (DBT). “There have been several instances of in-kind transfers being successfully implemented in various parts of the country. Our appeal to the Finance Minister was to look at all the successful examples of alternative schemes before the government pushes ahead with the...

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Drought or no drought, farm sector adapts to low rainfall -Sanjeeb Mukherjee

-Business Standard Despite two consecutive years of deficient rains, farm growth was positive in Q2 of 2015-16 The India Meteorological Department (IMD) might have decided to drop the use of the word “drought” from its nomenclature, but even if it had not done so, it would have hardly made a difference. Studies show that Indian agriculture has, over the years, developed an inherent resistance to drought. The share of agriculture in the overall...

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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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Punjab ‘emptying’ reservoirs to grow water-guzzling rice -Gurpreet Singh Nibber

-Hindustan Times Chandigarh: First, the good news. Punjab has made a record contribution of rice to the central pool. During the 2015-16 crop season, the state contributed 93.5 lakh tonnes to the public distribution system (PDS). Now, the bad news. To grow one kilogram of rice, as many as 5,337 litres of water is required ‑ more than 260 buckets of 20-litre capacity. The water consumed by rice for the central pool...

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Farm policy needs to change with the times -Nilabja Ghosh

-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing Food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and Food price inflation. This can prove costly to the economy, reminiscent of the...

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