-Economic and Political Weekly Budget 2016-17 recognises that the rural economy is in crisis; however, it fails to address this with sufficient targeted rural spending. A perusal of budget documents reveals exaggerated expenditure claims, achieved through reclassification of budget heads. There has been an enduring neglect of agriculture, which is further exacerbated by this year's reduced subsidies for fertiliser and food. This will induce further vulnerabilities in the rural economy. Please...

-The Indian Express Substantial number of interest subvention scheme loans are diverted to non-agricultural uses. Government must switch to an income-support subsidy regime The Union budget for 2016-17 has provisioned Rs 15,000 crore on account of interest subvention for short-term agricultural credit, up by Rs 2,000 crore over the revised estimate for FY16. The mere shifting of this line item from the department of financial services to the department of agriculture...

-The Hindu Business Line New Delhi: The Centre will work out a strategy for crop production for the coming kharif cropping season keeping in mind the recent crop damage due to unseasonal rain and moisture stress and deficit monsoon last year. The strategy will be thrashed out at a national conference on kharif 2016 next week. The kharif cropping season is from July to October during the South-West monsoon. “The South-West monsoon of the...

-The Hindu Business Line A long-range forecast is not authoritative, but sets the mood for farmers, industry New Delhi: After two consecutive years of drought, the monsoon this year promises to be above normal, going by an early forecast. A long-range weather forecast by climate management company Weather Risk Management Services indicates that the monsoon this year may end up 5 to 10 per cent above normal — with well-distributed rainfall over the...

-The Indian Express Yes, except that farmers suffer rules other businessmen never encounter Agriculture is said to be India’s largest private-sector enterprise, engaging nearly 119 million farmers (“cultivators”) and another 144 million landless labourers, as per the 2011 Census. It is even considered the most respectable business, going by the oft-quoted slogan “uttam kheti, madhyam vyapar, kanishtha naukri (supreme is farming, mediocre is trade and most lowly is service)”. But the exalted...