-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
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No Bank of Maharashtra loans for drought-hit farmers -Manojit Saha
-The Hindu Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought. The bank cited high bad loans from agricultural advances in the branches of these zones for the decision....
More »MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)
-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...
More »Most vulnerable farmers are left out as states across India start money transfers to farmland owners -Mridula Chari
-Scroll.in Landless farmers are left out of Telangana’s Rythu Bandhu, but nominally included in Odisha’s Kalia. For two decades, Chinthanna Linganna, 55, has cultivated agricultural land leased from others in Talamadugu village in Telangana’s Adilabad district. He currently rents 20 acres of land to grow cotton. Since May, the people who own this land have received cheques of up to Rs 1.6 lakh from the state government as agricultural investment support. Linganna...
More »PM Modi's pet schemes underperforming in Gujarat: Report -Avinash Nair
-The Indian Express Stress faced by certain industries, drought in some areas hurt patronage of financial schemes for MSMEs, says State Level Bankers’ Committee report Ahmedabad: The Union government’s high profile financial aid schemes meant to support the micro, small and medium enterprises of the country have not performed as well as expected in Gujarat, a report of the State Level Bankers’ Committee (SLBC) released on Tuesday showed. Districts such as...
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