-The Indian Express Lowering production costs, and a policy shift from ‘managing shortages’ to ‘handling surpluses’, is the way forward for Indian agriculture The government wants farmers’ incomes to double in five years by 2022. While a laudable objective, the reality today is that farmers are suffering stress, if not shrinkage, in their incomes. The demand for loan waivers, and political pressures to implement these, is only a reflection of this...
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Modi govt to announce Rs 4,000 per acre direct transfer, crop loan at 0% in two-fold farm relief; to cost Centre Rs 2.3 lakh crore -Anilesh S Mahajan & Rajeev Dubey
-BusinessToday.in DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden. Centre will likely announce direct benefit transfer (DBT) worth Rs 4,000 per acre per season plus interest-free crop loan up to Rs 1 lakh per farmer in an instant two-fold relief to the farmers, sources in the know told BusinessToday.In. The initiatives will cost the Centre Rs 2 lakh crore towards DBT...
More »In Marathwada, love for sons makes life miserable for daughters -Radheshyam Jadhav
-The Hindu Business Line Girl child seen as a burden in the region that reels under drought Thirty-eight-year-old Meera Ekhande from Beed district in Marathwada region of Maharashtra had given birth to seven girls and aborted two, but her family kept insisting on having a son. In her tenth pregnancy, Meera was delivered of a stillborn boy and she died because of excessive bleeding. But this is not an isolated case in...
More »Slackening of demand indicators weakens India's growth impetus -Aanchal Magazine
-The Indian Express Farmers getting lower prices for their produce, much lower than the minimum support prices announced by the government for the kharif crops this year, has hit the rural consumption demand story. New Delhi: The consumption-driven story of India’s economic growth is expected to face a slowdown as wide concerns emerge about the weakening rural demand. At a time when public expenditure is likely to be curtailed by the obligation...
More »Lifelines beyond farm loan waivers -Kirankumar Vissa
-The Hindu In addition to reforming the credit system, agriculture should be made profitable Rural agrarian distress is firmly at the centre of the national discourse today, triggered by the recent Assembly election results in the Hindi heartland as well as continuous farmer agitations in the past two years (picture). Just a month ago, the farmers’ march in Delhi highlighted the reality of their deprivation, anger and resolve. Quite remarkably, their presence...
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