-The Hindu Interest subvention retained, rice storage exempt from service tax Lauding the "stellar performance" of the agriculture sector, Union Finance Minister P. Chidambaram on Monday announced a farm growth of 4.6 per cent in the current year, up from 3.1 per cent achieved during UPA-I. He said the government set an agriculture credit target of Rs. 8 lakh crore for 2014-15, against Rs.7.35 lakh crore expected this year. The interest subvention scheme for...
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Record 263.2 Million Tonne Foodgrain Production Likely this Year
-Press Information Bureau (Ministry of Agriculture) India is likely to produce record 263.2 million tonne foodgrains this year (includes kharif 2013 and rabi crops in the field at present). The earlier foodgrain production record of 259.3 MT was achieved in 2011-12. As per the latest crop sowing data available, major crops have been sown in more area than in rabi last year. Wheat has been sown in 315.3 lakh hectare...
More »MGNREGA: A tale of rural revival -Varad Pande and Neelakshi Mann
-Live Mint Rural livelihoods have improved because of MGNREGA. It is wrong to say the scheme has not worked If some recent news articles are to be believed, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a scheme that costs less than 0.35% of India's gross domestic product (GDP), has crashed the country's economy. The latest to join this bandwagon of criticism is an editorial in Mint. ("MGNREGA: A tale...
More »Scent of a send-off in cabbage carnival -Jaideep Hardikar
-The Telegraph Nagpur: The cabbage and cauliflower came to fruition today; the sunflower, the chrysanthemum, the mustard and the coriander flowered through last week, one by one. It was timed that way - to mark a revival and, possibly, a retirement. When India's biggest carnival of farmers was opened today after a gap of over half a century, there was also a feeling that perhaps a spectacular farewell was being given to Sharad...
More »NABARD paints a sordid picture of Madhya Pradesh's agriculture sector -Shashikant Trivedi
-The Business Standard This is happening especially with small and marginal farms Bhopal: In contrast to the tall claims of achieving double digit growth in agriculture sector National Bank for Agriculture and Rural Development (NABARD) today said agriculture in Madhya Pradesh is perceived to be increasingly unviable owing to yield and price risks as well as lack of risk mitigation mechanism. This is happening especially with small and marginal farms. Interestingly, government...
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