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Farm loan waivers can derail India's growth story -Ramesh Chand

-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast growth in the income of non-farm...

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Agriculture Ministry seeks to boost oilseeds output

-The Hindu Business Line Targets 45 mt from nine crops by 2022 Bengaluru: After giving a fillip to the production of pulses through various strategies, the Agriculture Ministry is focussing on boosting Oilseeds production over the next four years. The Ministry has proposed various strategies, including promoting the cultivation of oilseeds in non-traditional areas and cropping seasons besides targeting rice fallows to boost the domestic output, which could help reduce import dependence for...

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India's 2018-19 foodgrain target to top 285 mt -TV Jayan

-The Hindu Business Line Plan to convert more rice fallow land to pulses, oilseeds during rabi season New Delhi: The government has set a foodgrain target of 285.2 million tonnes (mt) for 2018-19, which is marginally higher than the expected production in 2017-18, the agriculture ministry said here on Tuesday. As per the fourth advance estimates released by the Government last month, the foodgrain harvest in 2017-18 would be around 284.83 mt, aided...

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India may see another bumper harvest better than last year's -Madhvi Sally

-The Economic Times NEW DELHI: The government is optimistic of another bumper harvest with output to be similar to last year’s or better, as crop planting and the monsoon season are at the tail end. It also doesn’t expect floods to have any major impact on production. However, some analysts raised concerns over the distribution of rains that they said were erratic, and in deficit in several states. But trade doesn’t expect...

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Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line New Delhi: Raising farm income could well be the agenda for 2019 general elections and well aware of this is the Narendra Modi government, which is leaving no stone unturned to lure this vote bank. Navigating this agenda for the government is Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare. Aware of the challenges of the price sensitive market, Singh said, “agriculture markets cannot be...

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