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Agriculture Ministry seeks to boost oilseeds output

-The Hindu Business Line Targets 45 mt from nine crops by 2022 Bengaluru: After giving a fillip to the production of pulses through various strategies, the Agriculture Ministry is focussing on boosting oilseeds production over the next four years. The Ministry has proposed various strategies, including promoting the cultivation of oilseeds in non-traditional areas and cropping seasons besides targeting rice fallows to boost the domestic output, which could help reduce Import dependence for...

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2008 global financial crisis: What government overdid, or didn't do -P Vaidyanathan Iyer

-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...

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Scheduled Castes among worst sufferers of India's job problem -Sukhdeo Thorat

-Hindustan Times Social discrimination and socio­economic realities add to disadvantages faced by Scheduled Castes (SCs) in the labour market. Although we do not have employment trends from National Sample Survey Office (NSSO) after 2011-12, anecdotal evidence suggests that India’s job challenge might have worsened in this period. The slow pace of job creation inflicts greater suffering on the workforce in an economy. This suffering however is not the same for all...

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Centre working with states to ensure farmers get declared MSP: PM

-PTI New Delhi: Prime Minister Narendra Modi today said the MSP for crops will be at least 1.5 times the production cost so as to boost farmers’ incomes and the Centre is working with states to ensure that they get the benefit of the support prices. He also said many people are spreading rumours regarding the minimum support price (MSP) and creating a gloomy atmosphere. He said all input costs would...

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Loan waiver is not the solution -Anjani Kumar and Seema Bathla

-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...

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