Economists’ report says tractors are used for just 178 hrs a year and electric motors are overused That Punjab faces an acute labour shortage each paddy season is a known and established fact. But not many know that 48.66 per cent of the total ‘family labour’ — members of a farmer’s family — available for agriculture remains underutilised in the state. A study of the resources employed in Punjab agriculture throws up...

Eminent economist and Vice-Chairman of the Kerala State Planning Board Prabhat Patnaik said on Saturday that the euphoria in official circles over financial inclusion has risen because of the “systematic scaling down of institutional credit to the peasantry and other productive sectors in the last two decades”. Delivering the centenary lecture dedicated to the memory of Prabhat Kar, a pioneer of the trade union movement in the banking industry, Mr....

The Union government's efforts to provide quick and quality insurance services to 38 lakh rural landless Agricultural labourers in the state under the Aam Aadmi Bima Yojana (AABY) have suffered a serious setback with the Life Insurance Corporation of India (LIC) refusing to renew the scheme. The LIC's decision has not only resulted in hardships not only to the poor households over the past six months but also to the children...

The government has assured full support to Indian companies exploring opportunities to acquire Agricultural land in Africa for cultivation of pulses in order to deal with its domestic shortage. "We import pulses and we will be more supportive of more land being brought under cultivation and for value addition. India is the market and we have been investing in agriculture...," Commerce and Industry Minister Anand Sharma had said. With the unabated...

Punjab Chief Minister Parkash Singh Badal and the farm lobby reacted sharply today to the Centre’s announcement of the Minimum Support Price for Wheat. The Centre yesterday had announced a nominal hike of Rs 20 in the MSP, fixing it at Rs 1,120 per quintal. Describing it as a ‘stab in the back’, the Punjab CM claimed that the MSP fixed for wheat is lower than the rate at which the...