In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
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Agri families borrow more, eat less to cope with kin's suicide: study -Sayantan Bera
-Livemint.com * Average income of farm suicide families was just Rs.3,523 per month in 2016-17, below Rs.4,561 estimated by NSSO: study * The study found that 92% of farm suicide families were not enrolled under the centre’s flagship crop insurance scheme NEW DELHI: Agricultural households are trying to cope with the suicide of an earning member of the family by borrowing more, skimping on food and even taking recourse to bonded labour, a...
More »Solar pump scheme needs serious relook -Chandra Bhushan
-The Financial Express The Ministry of New and Renewable Energy (MNRE) recently rolled out a massive solar-pump programme called the PM-KUSUM scheme. The scheme has a target to set up 25,750 megawatts (MW) solar capacity by 2022 to power irrigation pumps, with central financial support of Rs 34,422 crore. It includes installation of 1.75 million off-grid and 1 million on-grid solar pumps as well as 10,000 MW of solar capacity in rural...
More »What is zero budget natural farming? -Priscilla Jebaraj
-The Hindu * Will this form of chemical-free agriculture increase farmers’ incomes? Where are the pitfalls? The story so far: Finance Minister Nirmala Sitharaman thrust zero budget farming into the spotlight in the first Budget speech of the 17th Lok Sabha earlier this month, calling for a “back to the basics” approach. She said, “We need to replicate this innovative model through which in a few States, farmers are already being trained...
More »Loan schemes don't reach 59% of rural India: Survey
-PTI * Survey also noted that the next generation in 48% farming families does not want to pursue agriculture * At least 43.6 per cent farmers said they did not get the correct price for their produce, said the survey conducted rural media platform Gaon Connection NEW DELHI: Loan schemes don't reach almost 60% people in rural India, says a new survey which also finds climate change to be the biggest challenge for...
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