-Livemint.com Farm-loan waivers are costly palliatives that cause long-term damage Every decade or so India's farmers finds themselves in distress. Crop prices plunge, debts mount and if there is real bad luck, the monsoon fails. Soon enough farmers begin committing suicides and in the din of noise about agrarian distress the government of the day takes some steps. They are no more than palliatives and end up doing more harm than good. Please...
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Untimely rain plays havoc with vegetable, pulse prices -Tomojit Basu
-The Hindu Business Line New Delhi: Prices of vegetables and pulses are set to shoot up after unseasonal rain damaged over 50 lakh hectares of standing crops across the country, putting enormous strain on household budgets. Consumers will have to pay more for potatoes, carrots, cabbages, mustard and almost all the pulses over the next few weeks. Rain in northern, central and western parts has caused widespread damage to crops in Punjab,...
More »Farmers caught in a vicious debt cycle -Sahil Makkar & Sanjeeb Mukherjee
-Business Standard Marriages on hold, children being returned from schools over unpaid fees; the rural economy is bearing the brunt of unseasonal rains, a crisis in the sugar cane sector and a fall in prices of farm pro Hapur/ Meerut: In the mid-afternoon, when most farmers are returning home to rest, Rana Ranjit Singh is sweating buckets on his farm in Uttar Pradesh's Hapur district, searching for vegetables left undamaged after untimely...
More »Relief package for rain-hit farmers likely -Puja Mehra
-The Hindu High-level meeting to assess situation may be held today. Following reports of Crop Damage due to unseasonal rains across North India, the Modi government is likely to announce a relief package for farmers. The details of the package are likely to be finalised at a high-level meeting to be attended by Union Finance Minister Arun Jaitley and Union Agriculture Minister Radha Mohan Singh this week. The high-level meeting to take stock of...
More »Unseasonal Rains Lash Farmers' Spirits in Maharashtra -Tejas Mehta
-NDTV Yavatmal, Maharashtra: Another fresh spell of heavy unseasonal rains lashed large parts of Maharashtra on Sunday evening, again hitting the spirit of already-beleaguered farmers. Many districts in Vidarbha, Marathawada and western Maharashtra were hit by strong showers and hailstorms accompanied by gusty winds, damaging the standing rabi crop. Wheat, soya bean, jowar and fruits like watermelon and grapes were all set to be harvested. But the fresh showers have further damaged...
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