-Livemint.com At a time when rural economy is badly in need of stimulus, the least the govt can do is increase spending on MGNREGA It is now officially acknowledged that the rural economy is heading for a distress situation. As if the fall in crop prices was not sufficient, the situation of farmers in India has been compounded by the vagaries of the monsoon with less than normal rainfall last year...
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-Business Standard Subsidised farm credit also goes to companies There has been a massive surge in institutional agricultural credit over the past decade. But the benefit of that has not reached as much to farmers as it has to agri-businesses and companies branching out into Agriculture-related activities. This is clear from an analytical study of agricultural credit by scholars at the Tata Institute of Social Sciences, based on a Reserve Bank of...
More »Wheat procurement will be lower this year -Gargi Parsai
-The Hindu The MSP is fixed for the Fair Average Quality of grain that is purchased by the FCI and its agencies. There is a growing concern in official circles about untimely rain and hail in the northern parts of the country hitting wheat procurement for the Public Distribution System by an estimated three million tonnes this year. This may not augur well for a country that is committed to providing cheap...
More »Death by distress: Nothing official about it -Amit Bhattacharya
-The Times of India As successive spells of freak rains in March-April ravaged fields across Uttar Pradesh, a spate of farmer deaths were reported. Most of these were ascribed to suicide or trauma, as crop losses mounted and the state appeared to be reeling under a fresh agrarian crisis. The UP government moved to provide relief, but on farmer deaths, it saw things a little differently. "There is no conclusive proof, yet,...
More »Millions of Indian Farmers Hit by Spell of Unseasonable Rains -Anjana Pasricha
-Voice of America NEW DELHI: Unseasonable rains and hailstorms have damaged wide swathes of crops in India, one of the world’s biggest producers of commodities such as wheat. The government has promised to enhance compensation for millions of farmers, who are staring at huge losses. Rains lashed much of India through March -- normally the time when dry weather and rising temperatures ripen the wheat crop, making it ready to harvest. Besides wheat,...
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