-The Financial Express A mechanism is needed to compensate farmers for not exercising their right to sell productive land but continue to grow foodgrains. India finds itself in a piquant situation. While its population, and with it the number of poor, is growing, its cultivable land is not only shrinking, more worryingly, the economic returns of the agricultural use are diminishing vis-a-vis non-agricultural use. The situation may not be alarming right now,...
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Finance to 5 Lakh Joint Farming Groups of "Bhoomi Heen Kisan" through Nabard in the Current Financial Year
-Capital Market 14 Crore Soil Health Cards to be Issued in Three Years; Credit Support of Rs. 8 Lakh Crore to Agriculture During 2014-15 Targeted "Finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD in the current financial year", said Shri Radha Mohan Singh, Agriculture Minister, while inaugurating the National Rabi Conference. Minister said that, a very large number of landless farmers are unable to provide land title...
More »World hunger falls, but 805 million still chronically undernourished
-FAO MDG target to halve proportion of world's hungry still within reach by end of 2015 Rome: About 805 million people in the world, or one in nine, suffer from hunger, according to a new UN report released today. The State of Food Insecurity in the World (SOFI 2014) confirmed a positive trend which has seen the number of hungry people decline globally by more than 100 million over the last decade and...
More »Getting India’s agri support maths wrong -Tejinder Narang
-The Financial Express The USDA projection of 29% of agri GDP is faulty as it counts rural development expenditure also, it is only 13% In a report titled "India's Agricultural Exports Climbs To Record High" (click here to access), the US Department of Agriculture (USDA) speaks of a steep ascent in Indian agro exports-from $5 billion in 2003 to $39 billion in 2013. This may be flattering, but the facts and figures...
More »Vast gaps in Irrigation potential & utilization
In the midst of irregular monsoons affecting agriculture, a new report shows stagnation in the state of irrigation infrastructure. The recent report entitled Infrastructure Statistics 2014 (Third Issue) by the Ministry of Statistics and Programme Implementation (MoSPI) has provided information that despite the rise in expenditure on irrigation infrastructure, there has been no substantial improvement in the gross irrigation potential utilized*. Athough expenditure on irrigation has increased from Rs. 36561.64 crores...
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