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Liberalised land leasing through government Land Bank can ease exit of distressed farmers -Kanchan Srivastava

-DNA The report said it will ease the exit of those farmers who find farming unattractive or non-viable and economically strengthen those farmers who want to stay and raise the scale of operational holdings. Opening farmland for 'liberalised leasing' through government-run 'Land Banks' can be a 'win-win reform' in the Indian farm sector, stated the latest report of the National Institution for Transforming India (NITI) Aayog taskforce on agricultural development. The report...

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Ignore Hydrology at Your Peril

-Economic and Political Weekly Chennai floods show the vulnerabilities that arise from the neglect of urban planning. In the second week of November, flood-marooned people in Chennai had an unlikely Good Samaritan. The cab service provider, Ola. As the city struggled to come to terms with its highest rainfall in 10 years, the cab company pressed in boats from an aquatic adventure outfit and secured the services of professional rowers and fishworkers...

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Cabinet approves additional 50 days of work for rural households in drought-hit areas -Vishwa Mohan

-The Times of India NEW DELHI: With India's 40% of the area facing drought situation due to deficient Monsoon rainfall, the government on Wednesday approved additional 50 days of employment over and above 100 days per household per year under the MGNREGA in drought affected areas. The move to increase the days of employment from 100 days to 150 days was approved by the Union Cabinet, which met under Prime Minister Narendra...

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NREGS workdays might be increased to 150 to fight drought -Arup Roychoudhury

-Business Standard Interest subvention, crop insurance on the cards The finance ministry is working on a plan to increase the number of workdays in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) from 100 a year per person per household to 150 in areas receiving low monsoon rain. The government might also provide interest subvention and crop insurance in drought-affected regions through the e-Financial Management System (eFMS). “Since the eFMS contains the data...

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The Centre asks Bankers to Restructure Crop Loans and Insurance

-Press Information Bureau/ Ministry of Agriculture The Central Government has asked State Level Bankers' Committees to facilitate timely restructuring of crop loans. With restructuring, the loan repayment period would be extended. The Home Ministry has also written to states to keep 10% of SDRF fund reserved for "local disasters" such as heavy rain which are to be declared at par with national disasters and use this money for distressed farmers. This...

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