-The Telegraph New Delhi: India's growth juggernaut has started to lose steam. In the mid-year Economic Survey, chief economic adviser Arvind Subramanian flagged big risks to economic growth and fiscal targets while asserting that the country had entered a "new phase of relatively low, possibly very low, inflation". In the first volume of the survey published in January, the government had forecast GDP growth in the range of 6.75 to 7.5 per cent...

-The Indian Express Plunged from 8.61 L hectares in 2014 to 4.5 L hectares this year Jalandhar: THE POOR rate of Basmati (fine quality aromatic rice) which Punjab Farmers have been getting for the past few years has resulted in reduced acreage and, in the past four years, the area of cultivation has decreased to nearly half under the crop. Scientists say that due to decrease in Basmati cultivation, the area under...

-The Indian Express The Punjab government has sought to bring 5 lh area in the state under maize, as part of the original plan of reducing paddy area by 12 lh between 2012-13 and 2017-18. Jalandhar: For policymakers wanting to wean away Punjab Farmers from water-guzzling paddy, 1.35 lakh hectares (lh) area sown under maize this kharif season may not seem bad, even if it is way below the 29.11 lh...

-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...

-Livemint.com Farm loan waivers will strain the finances of states, and harm both farmers and banks over the long run In its policy statement released last week, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) pointed out that the implementation of farm loan waivers across states could hurt the finances of states and make them throw good money after bad, and stoke inflation. How much of an impact will...