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Nabard Can Help Weather Rural Financial Distress -Charan Singh

-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...

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Debt, despair and death as farm crisis deepens -Sarbjit Dhaliwal

-The Tribune Grains Of Discontent: The damage to wheat crop due to untimely rain and hailstorm, followed by delayed payments, this rabi season has further stressed Punjab’s farmers. While the cost of farm inputs has risen manifold over the past few years, the profit margin is on a constant decline, thus making farming unviable. Unable to bear losses, several farmers have committed suicide in recent past As the day breaks, he enters...

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Govt ready with contingency plan to overcome poor monsoon

-PTI The government on Wednesday said it has put in place a contingency plan for 580 districts to tackle any situation arising out of below-normal monsoon. As per the weather department forecast, monsoon would be below normal this year due to an impact of El Nino. Monsoon rains are expected to arrive on time this year, hitting Kerala on June 1. Last year, the country had received 12 per cent less rains, affecting production...

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Only 'bure din' for us, say farmers -Omar Rashid

-The Hindu Govt. accused of backtracking on promise of loan waiver Mumbai: Farmers in Maharashtra are using the phrase bure din (bad days) to describe their condition. Akshay Tale last spoke to his close friend Neelesh Walke at around 2.45 p.m. on December 30 last year. Neelesh, who faced a Rs. 2 lakh debt, seemed anxious but showed no signs that he was considering any extreme step. At around 4 p.m., Neelesh, barely 23,...

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Jaitley Admits to 'Agrarian Crisis', Offers More Support to Farmers

-Outlook Mumbai: Finance Minister Arun Jaitley today hinted at more sops for the troubled farmers, saying the unseasonal rains in March have resulted in an "agrarian crisis". Jaitley asserted that the government is committed to allocate more resources to the farm sector, which he identified as the biggest challenge for high growth. "Agriculture is the biggest challenge and the unseasonal rains have resulted in an agrarian crisis," Jaitley said here this evening at...

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