-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...
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Official data exposes Centre's inflated claims on success of agriculture insurance scheme -Jitendra
-Down to Earth The number of non-loanee Farmers opting for insurance reached 9.7 million in kharif season of 2016 as against 9.8 million in the same period in 2015 On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in 2016. According to the press release, “There has been a quantum jump of more than six times...
More »'Ruined': Farmers hit as vegetable prices come crashing down after demonetisation -Chetan Chauhan
-Hindustan Times The government’s decision to scrap high-value currency has sent wholesale vegetable prices crashing to rock-bottom levels, bringing misery to millions of Farmers hoping for good returns for their produce after two successive drought years. Onions sold for just Re 1 per kilogram in wholesale markets at Madhya Pradesh’s Neemuch and Mandsaur this week while tomatoes cost less than Rs 2 per kg in Andhra Pradesh and Chandigarh. A kilogram of cauliflower...
More »Gwalior Farmers pay kids' school fees in paddy -Deshdeep Saxena
-The Times of India BHOPAL: Starved of cash, 15 Farmers of a village in Gwalior deposited 45 quintals of paddy as their children's school fees on Saturday. The school management sold the crop at a mandi and got a cheque of Rs 58,500. Bhitarwar region of Gwalior is known as the rice bowl of Madhya Pradesh, and paddy is the main crop of the kharif season. Villages here have run out of...
More »Cash crunch proves a hot potato for these Farmers -Vikas Vasudeva
-The Hindu Cultivators in Punjab and Haryana head for another period of distress, thanks to demonetisation Demonetisation of Rs. 500 and Rs. 1,000 notes has badly hit potato growers in Punjab and Haryana where Farmers are heading for yet another period of distress as they are finding it difficult to recover even the cost of produce, let alone make profits. In Jalandhar’s vegetable market, the fresh-crop potato fetched as low as Rs. 100...
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