-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...

-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...

-Hindustan Times Shimla: After the Union government’s nod, maximum 100-workday condition under the National rural Employment Guarantee Act (NREGA) has been relaxed for roadside tree plantation activities in Himachal Pradesh. Under the NREGA, 100 days employment guarantee is ensured across the country. However, the Centre approved the state’s proposal to induct the roadside plantation activity under the NREGA and to remove the condition of 100 days. Now, not only tree plantation but protection...

-Business Standard Even as country stares at a possible drought, Mahatma Gandhi National rural Employment Guarantee Scheme has hit a new low At a time when rural India is in distress, the Mahatma Gandhi National rural Employment Guarantee Scheme (MGNREGS), which could have provided some relief, is itself facing its worst period ever. The number of people working under the scheme and the amount of work provided is dwindling, and the trend...

-The Hindu Everything else can wait but agriculture cannot, said Jawaharlal Nehru. This should have been the talisman for India’s progress. Yet, successive governments have failed to accord agriculture the priority it deserves. The tragic suicide of a farmer during an Aam Aadmi Party rally in New Delhi has brought to the fore the agrarian crisis facing India. Official records reveal that more than 2.96 lakh farmers have ended their lives...