-The Indian Express On the surface, the sugar crisis in Uttar Pradesh may seem to be inching closer to a resolution. But cane farmers may have unwittingly mortgaged their land, signing up for crop loans from public sector banks, with the money so raised being used by the mills to pay arrears of a different set of farmers. This model, of mills rotating working capital loans from banks, to deliver pending payouts...
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Women in the forefront of fighting climate change through the ‘gola’ -Ajitha Menon
-Women's Feature Service The ‘gola' or grain basket, built on elevated ground in Goyadham village in Sunderban's South 24 Parganas district, West Bengal, is central to the food security of several households here. As Sofia Bibi, 45, says, "The grain is protected from the recurrent flooding and storms and we are ensured of a regular supply when there is no agricultural work during the months of September to November and March to...
More »NABARD Launches New Scheme to Advance Direct Loans
-Outlook Shimla: National Agriculture Bank And Rural Development has launched a Warehousing Scheme (NWS) to advance loans to Public and Private sector for creation of storage infrastructure with a corpus of Rs 5,000 crore during 2013-14. "A dedicated scheme for providing assistance for creation of storage infrastructure with a corpus of Rs 5,000 crore has been introduced, pursuant to announcement made by Union Finance minister in current year's budget and the scheme...
More »Is precision agriculture the solution to India's farming crisis? -Anil Rajvanshi
-IANS A small sugarcane farmer in western Maharashtra, Bhau Kadam (name changed) and his family, own about three hectares of land. He has two sons who are both graduates and work in Pune. When I asked him why he did not make his sons farmers, he says that farming is hard work, is non-remunerative and it is difficult to get labour. Besides he also thinks that farming is not glamorous, a farmer's...
More »NABARD now offers loans to corporate sector-Nagesh Prabhu
-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
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