December 27, 2016

Agriculture Industry

Substandard inputs land aqua farmers in lossesedit

The Hindu

Expecting higher profits, many farmers, even the small and medium ones, are shifting to aquaculture by leasing lands or converting their existing land holdings into aquaculture ponds but this is eventually landing them in losses and debts because of failed crops caused by substandard inputs and other factors.

Farmers get 60-day grace period for loan repaymentedit

The Financial Express

The Hindu Business Line

Business Standard The RBI on Monday said the government has allowed an additional grace period of 60 days for prompt repayment incentive of3% to those whose crop loan repayments are due between November 1 to December 31, if such farmers repay the same within 60 days from that period.

Farmers are fast going digital, says PM Modiedit

IB Times

Embracing digital economy may face resistance from the urban classes, but farmers, it seems, are embracing it in a big way. The story of farmers in Gujarat paying digitally for purchase of fertilisers was used by Prime Minister Narendra Modi to blunt the case against rural India not yet ready to go cashless.

Farmers association asks CM to declare Tamil Nadu as drought-hitedit

Deccan Chronicle

With the state facing a drought with monsoon failure, Tamil Nadu Vivasaigal Sangam on Sunday demanded the state government to declare the state as drought hit and pay a compensation of Rs 10 lakh each to family of farmers who have committed suicide or died of shock following crop failure.

Farm sector, jobs top on PM’s Niti meetedit

The Times of India

Agriculture and jobs will form the focus of Prime Minister Narendra Modi’s discussions on Tuesday with top economists and experts from India and abroad at a time the government has been criticised for the country’s ‘jobless growth’. The theme of the Niti Aayog meeting is ‘Economic policy: The road ahead’, but the PM has asked the premier government think-tank to concentrate on two areas: agriculture and education, skills and jobs.

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