-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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NREGA set for an outcome- focussed revamp -Ruhi Tewari
-The Indian Express The rural development ministry, that promises 100 days of guaranteed employment to those issued job cards, has sought to address both concerns in the current fiscal. The MGNREGA has been under scrutiny, of late, both from its traditional baiters as well supporters. The former’s attack has revolved around the programme — the flagship of the previous UPA dispensation — creating assets of poor quality, while the latter have been...
More »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...
More »Approval to comprehensive New Urea Policy 2015
-Press Information Bureau/ Cabinet The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to a comprehensive New Urea Policy 2015 for the next four financial years. The Policy has multiple objectives of maximizing indigenous urea production and promoting energy efficiency in urea units to reduce the subsidy burden on the Government. Savings in energy shall reduce the carbon-footprint and would thus be more environment friendly....
More »Tractor sales: Mirroring the rural distress -Harish Damodaran
-The Indian Express While tractor sales trebled during FY04-14, the last year saw a reversal in the trend with the agri industry facing multiple issues. If there is one indicator capturing the changes that took place in rural India over the past decade, along with the emerging signs of distress in the last year, it is the sales of tractors. Between 2003-04 and 2013-14, domestic tractor sales more than trebled from under...
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