-Livemint.com loan waivers and electricity subsidies are band-aids at best; a deeper transformation is needed The past few days have neatly summed up the scale and nature of the challenges facing India’s agriculture sector. First, the provisional agriculture census 2015-16 showed that landholdings have continued their decades-long trend of fragmentation, leading to a further rise in the proportion of small and marginal farmers. Then, 30,000 farmers, who had started their march from...
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Wheat price up but 'not enough'
-The Telegraph The 6.1 per cent hike in the MSP is expected to disburse a cumulative additional income of Rs 62,635 crore. New Delhi: The Centre has increased the minimum support price for wheat, the main rabi crop, by Rs 105 to Rs 1,840 per quintal (100kg), a day after police clashed with farmers demanding a higher support price and loan waivers. The 6.1 per cent hike in the MSP is expected to...
More »'Jawan' set upon marching kisan -Anita Joshua
-The Telegraph Distressed farmers marching for 10 days ran into water cannons and tear gas on the Delhi-Uttar Pradesh border Distressed farmers marching for 10 days ran into water cannons and teargas on the Delhi-Uttar Pradesh border on Tuesday as Prime Minister Narendra Modi led the birth anniversary celebrations of Mahatma Gandhi who taught the world the power of non-violence and Lal Bahadur Shastri who immortalised the “Jai Jawan, Jai Kisan” slogan. The...
More »Govt. gives in to some demands, but farmers adamant -Nistula Hebbar & Priscila Jebaraj
-The Hindu Protesters seek implementation of the Swaminathan Commission report; Centre says formula for MSP is economically unviable As the thousands of protesting farmers affiliated to the Bhartiya Kisan Union (Tikait group) were prevented from entering Delhi in support of their demands, Minister of State for Agriculture Gajendra Singh Shekhawat on Tuesday said the Centre would consider reducing GST on farm equipment to 5%. The farmers have demanded that farm equipment be...
More »RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
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