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Bengal farmer earns 3 times less than Punjab counterpart: NABARD report

-IANS/Business Standard A recent report titled by the National Bank for Agriculture & Rural Development (NABARD) has pointed out that West Bengal's farming sector is lagging behind other states on two crucial counts. A recent report titled "Farmers' Welfare: An analysis across states of India," by the National Bank for Agriculture & Rural Development (NABARD) has pointed out that West Bengal's farming sector is lagging behind other states on two crucial counts. The...

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Crop insurance is not the perfect medication for farmers, says economist -Nagesh Prabhu

-The Hindu A book brought out by NABARD, authored by R.S. Deshpande, says Pradhan Mantri Fasal Bima Yojana carries the baggage of the earlier failed crop insurance schemes A book on the theme “Rainfed Agriculture and Droughts in India” (2022) brought out by the National Bank for Agriculture and Rural Development (NABARD) argues that crop insurance is not a “perfect medication” any more for farmers hit by natural calamities such as floods...

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Farm ponds as an agent of rural transformation -S Adikesavan

-The Hindu Business Line A bank-supported NGO initiative has transformed agriculture in the Hubli-Dharwad area Can a small investment of, say, ₹97,000, for digging farm ponds make for increase in farm incomes and improvement in farmers’ livelihoods? Can such farm ponds lead to an increase in cropping intensity and higher productivity? Can these minor investments then be replicated across the country as only 50 per cent of India’s net sown area of...

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About Rs.2.51 lakh cr farm loan waived off by States since 2012: study -Prabhudatta Mishra

-The Hindu Business Line To make farmers aatmanirbhar, the governments should instead nurture a healthy credit culture and empower them via a robust ecosystem rather than relieving all the borrowers, irrespective of their distress levels. Only 4 out of the 21 political parties lost the election (either at the Centre or State) following the electoral promise and implementation of a farm loan waiver (FLW) scheme started by Haryana’s Devi Lal government. A...

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Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey

The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...

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