-The New Indian Express Something remarkable happened when the farmers came marching to Mumbai recently. Instead of greeting them with hostility, Mumbaikars welcomed them with affection, food and water. This change in attitude was triggered by the farmers’ extraordinary discipline and their efforts to ensure minimal disruption to the Mumbaikars’ routines. Even hard-boiled journalists acknowledged, for a brief moment, urbanites had realised our farmers and adivasis were indeed facing difficult times. The...
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With higher output, lower prices and likely import curbs, wheat may go the pulses way -G Chandrashekhar
-The Hindu Business Line The Indian wheat situation is turning worrisome, not because of the over-optimistic production estimate released by the Ministry of Agriculture recently, but because of the current price levels that provide no encouragement to farmers. Fraught with possibilities, the wheat may go the pulses way. The policy-makers may soon be forced to impose import restrictions in the form of higher tariffs. Output, prices To start with, no one in the trade...
More »Rain threat to wheat -Arnab Ganguly
-The Telegraph Punjab assesses damage after shock showers flatten crops and fuel storage fears Chandigarh: An unusual spell of rain on Monday morning has cast a cloud on the wheat crop yet to be harvested in Punjab, forcing the agriculture department to sent teams across the state to assess the damage. The rains have come at a time Punjab has been grappling with a storage crisis. The state has a total storage capacity of...
More »Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch -Sunny Verma & Sandeep Singh
-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...
More »The politics of loan waivers: Deep despair of Punjab's excluded farmers -Prabhjit Singh
-Hindustan Times Lip service: Amarinder Singh sought votes on the promise of a waiver, but now faces heat as more than half the state’s farmers have been left out of the scheme. Bathinda: The weather-beaten face of Rajpal Singh shows signs of anxiety as he stands in one corner of his eight-acre farmland in Punjab’s Bathinda, surveying the standing wheat crop that is almost ready for harvest. Singh might get a reasonable price...
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