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Groundwater depletion in India worst in world: NASA

-IANS Washington: Groundwater is disappearing fast from the world and India is among the worst hit, shows data from NASA's Gravity Recovery and Climate Experiment (GRACE) satellites. Among the world's largest groundwater basins, the Indus Basin aquifer of India and Pakistan, which is a source of fresh water for millions of people, is the second-most overstressed with no natural replenishment to offset usage, said two new studies led by the University of...

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Super rich defaulters push Indian banks towards collapse

-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs.  It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...

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Who cares for the small farmer? -PSM Rao

-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister Narendra Modi has often expressed his sense of anguish at the plight of farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that farmers cannot be left to fend for themselves. Implicit in that...

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Legumes increase soil fertility, yield of commercial crops -BS Satish Kumar

-The Hindu These crops can fix atmospheric nitrogen through their root nodules. This reduces the use of chemical fertilisers like urea and ammonium nitrate. At a time when decreasing soil fertility especially due to indiscriminate use of chemical fertilisers and prolonged cultivation of commercial crops has become a cause for concern among farmers, legume vegetables have turned out to be a boon for addressing this issue. Scientists feel that growing the legume vegetables...

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Drought factor forces NDA government to rethink on MGNREGA -Ruhi Tewari

-The Indian Express The average days of employment provided per household, too, fell to 40.01 from 45.97 in 2013-14 and 46.20 in 2012-13. From Prime Minister Narendra Modi’s public barbs against its being a “living proof” of 60 years of Congress misrule, to a proposal now for extending the annual work entitlement to 150 days in drought-affected areas, the BJP-led government’s disposition towards the Mahatma Gandhi National Rural Employment Act (MGNREGA)...

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