-TheWire.in Agricultural experts say that large corporations are being given 'agricultural' loans at cheaper interest rates and with easier regulations in the name of farmers. New Delhi: Government banks handed out Rs 58,561 crore to 615 accounts in agricultural loans in the year 2016. On average, each account has been given over Rs 95 crore in agricultural loans. This information was revealed by the Reserve Bank of India in response to a Right...
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Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »Amarjeet Sinha, Rural development secretary, interviewed by Sayantan Bera and Elizabeth Roche (Livemint.com)
-Livemint.com Rural development secretary Amarjeet Sinha on how MGNREGS has evolved since 2006 to result in income, acreage, water tables, productivity and fodder availability Agrarian distress and rural distress are terms used interchangeably, but the rural economy today is very different from what it was many years ago, given the diversification of rural incomes and hence incorrect to think one means the other, says Amarjeet Sinha, secretary, ministry of rural development. In...
More »Bureaucrats to visit villages to highlight schemes -Prashant K Nand and Elizabeth Roche
-Livemint.com Govt will send 700 bureaucrats to over 45,000 villages to ensure the masses have access to welfare schemes and showcase livelihood models to women and farmers New Delhi: At a time when rural distress and protests by farmers are making headlines, the central government will send 700 bureaucrats to more than 45,000 villages to not only ensure that the masses have access to social welfare schemes but also showcase alternative livelihood...
More »Farmers for policy initiatives to mitigate agricultural crisis
-The Hindu KRRS and Hasiru Sene seek to remind CM Kumaraswamy of his pre-poll promise of a loan waiver MYSURU: Farmers from the region have come out with a 10-point agenda for the new coalition government in the State to ensure the welfare of cultivators and mitigate agricultural distress. The Karnataka Rajya Raitha Sangha (KRRS) and Hasiru Sene have sought to remind the Chief Minister H.D. Kumaraswamy of his pre-election promise of a...
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