-PTI NEW DELHI: Emphasising that ample credit to the tune of Rs 7 lakh crore flows in the agricultural sector every year, the government today said it is taking "speedy" measures to help farmers who are grappling with debt burden. "We will not let down our farmers," Minister of State for Finance Jayant Sinha told Lok Sabha during Question Hour. He said many steps have been taken to reduce debt burden as...
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Farm Debt Curse Continues: NSSO
The agrarian crisis is far from over. Amidst news of farmers' suicide reported from parts of Telangana, Andhra Pradesh and Maharashtra, an official document released in December by the National Sample Survey Organisation states that nearly 52% of India's agricultural households were indebted during July, 2012 - June, 2013. The average amount of outstanding loan per agricultural household in India was Rs. 47000 (see link below). Based on a survey of...
More »Cyclone Hudhud caused Rs 21,908 crore loss, Agriculture sector worst hit: Andhra government
-DNA Hyderabad: The Hudhud cyclone that had hit Visakhapatnam in Andhra Pradesh in October has caused a loss of Rs 21,908 crore, including damage to the tune of Rs 6,136 crore to private industries in the port city, the state government told the Legislative Assembly on Hyderabad. Making a statement on Hudhud today, Deputy Chief Minister N China Rajappa said the human loss in the devastating cyclone which made a landfall on...
More »Uttarakhand to launch cluster farming -Shishir Prashant
-The Business Standard Chief Minister Rawat calls for bringing in an effective Agriculture policy and making efforts to promote farming in hilly areas Dehradun: Uttarakhand has decided to bring a new Agriculture policy and launch cluster farming in hilly areas. At a review meeting of the Agriculture department held on Tuesday at Bijapur Guest House (the chief minister's residence) here, Chief Minister Harish Rawat called for concerted efforts to promote farming in hilly...
More »Who owns our genetic wealth? -Suman Sahai
-The Asian Age There was a news report not so long ago that ICRISAT (International Crops Research Institute for the Semi-Arid Tropics), an international organisation and part of the CGIAR (Consultative Group on International Agricultural Research) consortium, had entered into an agreement with Gubba Cold Storage Ltd. to set up a private seed bank, the first of its kind in India. No details were available of the terms and conditions under...
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