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Madhya Pradesh brings ordinance to ease buying of farm land by private players -Milind Ghatwai

-The Indian Express Bhopal: The Madhya Pradesh government on Monday issued an ordinance to amend a law related to the ceiling on agricultural holdings, which will allow industrialists and private developers to easily purchase as much agricultural land as they want for non-agricultural activities. The Madhya Pradesh Ceiling on Agricultural Holdings (Amendment) Ordinance, 2015 was notified a month after the special Assembly session concluded, and just two months before the monsoon session...

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Kissa kisan ka - Evading blame for rural distress -Sreenivasan Jain

-Business Standard Events after a farmer's suicide at an AAP rally encapsulate the state of public discourse on Indian Agriculture The spectacle of political one-upmanship, blame, hyperbole (and even some Filmfare-worthy expressions of grief) triggered by the suicide of Gajendra Singh, a young man from Rajasthan at an Aam Aadmi Party rally in New Delhi, perfectly encapsulates the state of public discourse on Indian Agriculture today. The discovery that his may not...

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Challenge of agrarian distress

-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...

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Low rainfall may affect bank non-performing assets

-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...

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Why RBI had to protect small farmers -Ravi Krishnan

-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...

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