-Livemint.com The current National Forest Policy dates back to 1988 before India’s economic liberalization started and now the government wants a revision, as it perceives a decline in corporate investments into the forest SECtor New Delhi: Imagine two scenarios. One is a natural forest, nature’s complex multi-layered ecosystem and a landscaped home to 80% of all terrestrial biodiversity where thousands of species of plants, animals and microorganisms interact and thrive. The SECond...
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Death in the farmlands: Suicides in agriculture SECtor decline 32% in 2016
-Business Standard Suicides by farm labourers increased 9% to 5,019 in 2016 (14 every day) from 4,595 in 2015 (13 every day) As many as 6,351 farmers/cultivators committed suicide in 2016 across India, or 17 every day, according to the latest home ministry data. Suicides declined 21 per cent from 8,007, or 22 every day, in 2015, data show. Suicides in the farming SECtor declined 10 per cent — from 12,602 in 2015...
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 »Why dogs, not hunting, threaten the future of the blackbuck today - Jay Mazoomdaar
-The Indian Express Booming Indian antelope populations threaten crops in many areas. Farmers are reluctant to strike against them, so the herds have only feral packs to fear. A couple of centuries ago, some four million blackbuck roamed the Indian landmass south of the Himalayas from undivided “Punjab to Nepal and probably in most parts of the Peninsula where the country is wooded and hilly, but not in dense jungle”. At...
More »Niti Aayog misses deadline to suggest MSP procurement model, farmers continue to bear brunt -Anuradha Shukla
-The Indian Express NEW DELHI: The government’s ambitious minimum support price (MSP) scheme to improve farmers’ income has hit a roadblock as Niti Aayog missed the deadline to suggest a viable procurement model. Finance minister Arun Jaitley had announced in his Budget speech the government would ensure agriculture produce is procured at the revised MSP, which will be 1.5 times the production cost. The Centre had entrusted the think tank with...
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