-The Times of India NEW DELHI: New Delhi: New crop insurance scheme, launched in Kharif (summer-sown) season of 2016, has increased its footprints across the country with more area being covered in 2016-17 as compared to 2015-16 and 2014-15, but it has miles to go before it can actually bring relief to farmers due to current delay in claim Disbursement. The claim settlement is not as fast as it was expected during...
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Maharashtra's farm loan waiver claims first victim: Senior bureaucrat VK Gautam sent on leave -Sanjay Sawant
-Firstpost.com The bungling over the Maharashtra government's farm loan waiver scheme claimed its first victim on Monday, according to exclusive information with Firstpost. VK Gautam, Principal Secretary (Information Technology) has been sent on leave after criticism over the implementation of the scheme. Technical errors have plagued the scheme since its roll out, with farmers suffering because of glitches ranging from duplication of names in lists to incorrect Aadhaar details. VK Gautam applied for 15-day...
More »Agriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif crop loans to farmers -Partha Sarathi Biswas
-The Indian Express First, it was demonetisation and crop price crash; now it is the collapse of cooperative credit that is hurting farmers during peak kharif operations. For most Maharashtra farmers, drying up of institutional finance for kharif farming operations is what’s really hurting. Nashik (Maharashtra): Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed Rs 1,608.55 crore of crop loans during April-June, exceeding its target of Rs 1,257.18 crore. This...
More »From plate to plough: An unfulfilled farm manifesto -Ashok Gulati & Siraj Hussain
-The Indian Express On agriculture, three years into the Modi government, while many steps have been taken to realise promises made in 2014, others have fallen by the wayside With the Modi government completing three years in office, it is time to assess its performance in various sectors. We focus here on agriculture. Without robust growth in agriculture, “sabka saath, sabka vikas” will remain an empty slogan. There are two ways to evaluate...
More »Agri-credit Disbursement: Banks worry as states with most loans talk about waivers -Anil Sasi
-The Indian Express UP, Maharashtra, Punjab, Tamil Nadu account for 36% of total agri-lending in FY17 till December New Delhi: AMID EARLY signs of farmers in Maharashtra starting to default on their farm loans in anticipation of a waiver on the lines of the one announced in Uttar Pradesh, what is adding to the worries of banks and other lending institutions is that the four states where such waivers are under discussion...
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