-The Times of India PATIALA: The figure of Rs 70,000 crore cropped up frequently in 2015. This was the total amount that mutual fund firms invested in equity markets. This was also the amount that India offered to pay Russia to acquire anti-ballistic missile systems in what is considered the biggest defence deal between the two countries. Also, the Union finance minister proposed an increase in investment in infrastructure by Rs...
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Marathwada: 89 farmers commit suicide in January, Task Force says ‘collective failure’ of officials -Manoj Dattatrye More
-The Indian Express Over 1,100 farmers had committed suicide in eight districts of Marathwada in 2015. Pune: The “all-out” efforts — as repeatedly being claimed by the Devendra Fadnavis-led Maharashtra Government — to reduce the constantly rising suicide rates of distressed farmers in Marathwada seem to be yielding little results. The rate of suicides in Marathwada just does not seem to slow down. In the first month of this year, as...
More »The invisible drought -Harsh Mander
-The Indian Express We have turned our back to the intense food and drinking water distress across states India has transformed spectacularly in innumerable ways in the last two decades. One of the least noted changes is in the way the country — governments, the press and people — respond to drought and food scarcities. Back in the late-1980s, many states across India were reeling under back-to-back droughts for three consecutive years, not...
More »Crop insurance scheme may leave out tenant farmers -Vikas Vasudeva
-The Hindu The Pradhan Mantri Fasal Bima Yojna (PMFBY), which the NDA government showcases as the shield against all risks faced by farmers, has failed to be universal because there is a need for a comprehensive crop and income insurance scheme covering income and yield risks for all farmers and all crops. All India Kisan Sabha joint secretary Vijoo Krishnan said on Tuesday that Farmer Suicides had continued nationwide for more than...
More »Nabard thinks Mumbai needs 50% of agri loans -Alok Deshpande
-The Hindu The fact that a megapolis, and not the drought-affected areas of Maharashtra, is the biggest beneficiary, has angered many Bristling with glass towers and commercial districts, Mumbai is unquestionably the financial capital of India. The most greenery an average Mumbaikar can hope to grow is a few herbs in window flower-pots. Which is why it seems strange that the city will be the biggest beneficiary of agriculture loans, as projected by...
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