-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...
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Farmers package in the works: Income support scheme and interest-free loans -George Mathew & Sunny Verma
-The Indian Express As there are 21.6 crore small and marginal farmers — most of whom are not in a position to repay the loan or put collateral — such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. Mumbai: The NDA government is considering a package of proposals for the distressed agriculture SECtor that includes interest-free loans, loans without collateral...
More »India's Cow Crisis Part 5: Penalty for abandoning cattle final nail in coffin -Jitendra
-Down to Earth The increasing trend of legal penalty for abandonment will backfire Bruised by anti-cow slaughter laws and widespread vigilantism, farmers simply don’t want cows around. This means tactical abandoning, with decreasing options to trade unproductive cattle. But several states, including Uttar Pradesh, Madhya Pradesh, Haryana and Rajasthan, have formed laws to penalise such abandonment too. Stray cattle has become a menace in villages as well as towns in several areas, to...
More »Centre asks NDDB to estimate India's milk demand -Jitendra
-Down to Earth The country does not know how much milk is needed despite its growth having exceeded targets The Union government has asked the National Dairy Development Board (NDDB) to conduct a study to assess the true scale of demand for milk in India. “We have asked NDDB to estimate the present demand for milk and milk products and its forecast in India, as per the National Dairy Plan Phase I,” Union...
More »RTI: Pvt firms make a killing from crop insurance scheme -Vishav Bharti
-The Tribune Pocket more than Rs 8,000 cr in two years; Rs 11 cr a day on average Chandigarh: Rs 11 crore in a day! That was the average of profit of the private insurance companies from Pradhan Mantri Fasal Bima Yojana in the past two financial years. There were 18 companies that got contracts under the crop insurance scheme. Out of them just five are in public and 13 in the private...
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