-The New Indian Express HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers. The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally...
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Finance to 5 Lakh Joint Farming Groups of "Bhoomi Heen Kisan" through Nabard in the Current Financial Year
-Capital Market 14 Crore Soil Health Cards to be Issued in Three Years; Credit Support of Rs. 8 Lakh Crore to Agriculture During 2014-15 Targeted "Finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD in the current financial year", said Shri Radha Mohan Singh, Agriculture Minister, while inaugurating the National Rabi Conference. Minister said that, a very large number of landless farmers are unable to provide land title...
More »Andhra Pradesh counters RBI's claims -Jinka Nagaraju
-The Times of India In a sternly-worded letter dashed off to the Reserve Bank of India (RBI), the Andhra Pradesh government has urged the institution to not underestimate the distressful conditions prevailing in the state for the past three years, which has forced as many as 6,792 farmers to commit suicide. The nine-page letter dated July 25, countering RBI's argument about AP reporting no cases of acute concern among farmers, has been...
More »Controlling farmers' suicide: Toughest challenge for Telangana, Andhra governments -Manish
-The Times of India VISAKHAPATNAM: Among the many challenges before them, bringing down the number of farmer suicides might prove to be one of the toughest for the new governments of Andhra Pradesh and Telangana. As per the national crime records bureau ( NCRB) data, unified Andhra Pradesh was only second to Maharashtra in terms of suicides by self-employed persons in agriculture. While Maharashtra had witnessed around 3,146 deaths in 2013, it...
More »How Much Can We Forgo To India Inc? -P Sainath
-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to loan waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...
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