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Additional Rs 6,39,900 crore investment needed to double farmers' income

-PTI   NEW DELHI: An additional investment of Rs 6,399 billion is required from both public and private sectors to enable doubling of farmers' real income by 2022-23, a government committee said in its latest report. At present, public investment is below national average in states like Assam, Kerala, Uttar Pradesh, Madhya Pradesh, Bihar, West Bengal, Tamil Nadu, Rajasthan, Punjab and Odisha. Less developed states in the eastern region continue to lag behind in...

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Raje outsmarts Congress; tribals to get 200 days under MNREGA -Yuvraj Shrimal

-DNA   Jaipur: Rajasthan Government has doubled the number of employment days for tribals in Udaipur and Baran districts under the MNERGA (Mahatma Gandhi National Rural Employment Gurantee Act) in a year. This would take the number of working days from the present mandatory 100 days to 200 days. This increase would provide guaranteed six months of employment to the tribals. The tribes that would benefit from this would be Saharia and Kharua...

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Weak govt finger on the pulse: Dal pinches for farmers -Harish Damodaran

-The Indian Express The woes of pulses farmers and traders like Kagi can be put down to all-time-high imports of 6.6 mt (valued at Rs 28,524.05 crore) on top of a record domestic production of 22.4 mt in 2016-17 — made worse by the weak, behind-the-curve policy response whether to do with trade or stockholding restrictions. Agriculture in India has always suffered from lethargic and uncoordinated policy response. And there can be...

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UP witnesses 60 communal incidents in 2017, highest so far -Rahul Tripathi

-The Indian Express Bengal, which recently witnessed communal violence in Basirhat, has had 26 incidents and 3 deaths until May, as compared to 32 incidents (4 deaths) for entire 2016. The current year has seen 296 incidents of communal violence so far, with 44 deaths, according to data released by the home ministry in Parliament. The previous two years in their entirety saw 703 deaths (2016) and 751 (2015), with 86 and...

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Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan

-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...

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