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Village households’ average assets in India at Rs 10 lakh

-PTI   Households in rural areas hold assets worth over Rs 10 lakh on average, less than half the holdings by those in cities, says a government survey. At the same time, villages account for higher proportion of families owning some physical and financial assets at 98 per cent, higher than 94 per cent in urban areas. "Around 98 per cent of rural households and around 94 per cent of urban households in India...

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No need to repay for India’s biggest farmers as debt traps poor -Adi Narayan

-Livemint Every time a waiver is done, it diverts access to credit and shrinks credit availability, says RBI governor Raghuram Rajan Mumbai: Vattikuti Prasad grows rice, bananas and sugar cane on his farm as big as 27 football fields in a part of southeastern India where most farmers own plots the size of just one. He has two homes, including a four-bedroom house he rents out in a nearby town. This year...

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Plenty of groundwater, not enough to drink -BK Mishra

-The Times of India PATNA: Even as Bihar is endowed with substantial groundwater resources, a vast section of its population has no easy access to potable water. The government claims to have sunk more than 10 lakh shallow and 2000 deep tubewells in different parts of the state, but they fail to cope up with the ever-increasing demand of the people for domestic and irrigational needs. Experts feel that assured availability of...

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Contract farming silence in farm bill -Sambit Saha

-The Telegraph Calcutta: Private companies will be able to buy farm produce directly from farmers in Bengal. But the widely-anticipated whoop of exultation from Indian industry over the amendment in the state's agri-marketing act was somewhat muted because of the lack of clarity on the issue of contract farming and the absence of clear guidelines on whether the state government would provide incentives and help in the acquisition of land for private...

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Over 400 farmers have committed suicide in Telangana since its formation -M Suchitra

-Down to Earth National Human Rights Commission has sought report from the state The K Chandrasekhar Rao government in Telangana seems to have failed to deliver on its promise of reforming the crisis-ridden farm sector in the state. Unofficial figures suggest that more than 400 farmers have committed suicide in the past six months. Telangana, the youngest state in the country, came into existence on June 2 this year. Rao and other leaders...

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