-Business Standard Subsidised farm credit also goes to companies There has been a massive surge in institutional agricultural credit over the past decade. But the benefit of that has not reached as much to Farmers as it has to agri-businesses and companies branching out into agriculture-related activities. This is clear from an analytical study of agricultural credit by scholars at the Tata Institute of Social Sciences, based on a Reserve Bank of...
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Akhilesh declares calamity in UP, seeks Rs 1,000 cr from PM
-PTI Lucknow: With 55 districts in Uttar Pradesh hit by untimely rains and hailstorm, chief minister Akhilesh Yadav has declared a calamity and has written to Prime Minister Narendra Modi seeking Rs 1,000 crores to immediately provide relief to Farmers. The chief minister reviewed the prevailing situation yesterday and had said that a financial assistance of Rs 5 lakh from the chief minister's fund will be provided to Farmers who faced an...
More »Wheat procurement will be lower this year -Gargi Parsai
-The Hindu The MSP is fixed for the Fair Average Quality of grain that is purchased by the FCI and its agencies. There is a growing concern in official circles about untimely rain and hail in the northern parts of the country hitting wheat procurement for the Public Distribution System by an estimated three million tonnes this year. This may not augur well for a country that is committed to providing cheap...
More »Millions of Indian Farmers Hit by Spell of Unseasonable Rains -Anjana Pasricha
-Voice of America NEW DELHI: Unseasonable rains and hailstorms have damaged wide swathes of crops in India, one of the world’s biggest producers of commodities such as wheat. The government has promised to enhance compensation for millions of Farmers, who are staring at huge losses. Rains lashed much of India through March -- normally the time when dry weather and rising temperatures ripen the wheat crop, making it ready to harvest. Besides wheat,...
More »Aid for rain-hit Farmers:Rs 75
-The Telegraph Lucknow: The Akhilesh Yadav government today suspended three revenue officers after some rain-hit Farmers were handed compensation cheques of Rs 75 and Rs 100, and ordered a probe into how such a pittance was paid. News channels showed the Farmers in Faizabad and Badaun districts of Uttar Pradesh waving cheques of Rs 100, Rs 75 and even Rs 69. These Farmers had lost their crops in last month's unseasonal rain...
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