-Business Standard But RBI data suggest that by replacing interest subsidy with crop insurance, government can use about Rs 12,500 cr to facilitate crop insurance scheme If a recent recommendation of the Reserve Bank of India (RBI) on crop loan subsidy is approved by the government, agricultural loans are set to become as costly as home loans or car loans. RBI has suggested interest subvention on crop loans should be phased out,...
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How Sikkim could offer lessons to other states in organic farming -G Seetharaman
-The Times of India It's 8:00 am on a Sunday and outside Denzong Cinema in Gangtok's Lal Bazar, the otherwise languid atmosphere is punctured by grocers of two kinds. On one side of the cinema are those who sell vegetables, fruits and spices sourced from outside Sikkim, mostly from Siliguri, 115 km south in West Bengal. On the other side of the cinema, almost completing a triangle, are Farmers from the...
More »Crop insurance scheme may leave out tenant Farmers -Vikas Vasudeva
-The Hindu The Pradhan Mantri Fasal Bima Yojna (PMFBY), which the NDA government showcases as the shield against all risks faced by Farmers, has failed to be universal because there is a need for a comprehensive crop and income insurance scheme covering income and yield risks for all Farmers and all crops. All India Kisan Sabha joint secretary Vijoo Krishnan said on Tuesday that Farmer suicides had continued nationwide for more than...
More »Basmati rice exporters demand government support to improve exports -Jitendra
-Down to Earth International prices of basmati have been declining over the last two years With prices of grains and cereals plummeting worldwide, basmati rice exporters have urged the Union commerce ministry to include packaged basmati rice in the Merchandise Export from India Scheme (MEIS). MEIS allows exporters of certain goods access to “Free on Board (FOB)” value, which means the shipping charges are borne by the importer instead of the exporter....
More »Why the crisis in agriculture? -N Venugopal Rao
-TheHansIndia.com Agriculture is intertwined with soil, plant and human beings. In shaping the research, how much attention was paid to these three components? There is a need to reassess or evaluate the institute, whether it has retained the virtues of the pioneers who started it Improvements in farming could be traced in certain regions of the world, where agriculture has become prime occupation of life. Hence, the struggle and labours of few...
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