Times Of India

Chief minister Pramod Sawant on Sunday said that the government has decided to provide loans of Rs1.5 lakh without collateral to around 9,000 dairy farmers in the state under the central government’s Kishan credit card (KCC) scheme. Sawant said that the state government will start a drive to disburse the loan to farmers from July 31.

Live Mint

The monsoon covered all of India 12 days in advance by the end of June, and while some parts received excess rainfall, others recorded a deficiency. Overall, the early monsoon has helped sowing across the country. Farmers have planted 12 million hectares with rice, preliminary data from the agriculture ministry shows. This is an increase of 25% from last year as the robust rain encouraged the expansion of acreage. In a year when all sectors have been ravaged by the coronavirus, agriculture is expected to lead revival, as India has received 14% higher than average rain since the monsoon began on 1 June. Farmers start planting rice, corn, cotton, soybean, sugarcane and peanuts from 1 June. Most ...

Desh Doot

Farmers applying for crop loans do not have to approach banks or government offices. For this, the district administration has made available the facility of online application at home and this facility will not only save the time of the farmers, but also they will not have to leave their farm field work, said additional district collector Dattaprasad Nade adding that Rs 950 crore crop loan has been disbursed in the district till now.

Nade was speaking at the crop loan review meeting held in the collectorate here on Saturday. Probationary officer from Indian Administrative Service Shubham Gupta, district deputy registrar Gautam Balsane, Lead Bank manager Ardhandu Shekhar and representatives of banks were present on the occasion.

NewsD

COVID pandemic has resulted in one of the worst economic crisis. Manufacturing units have been shut down, demand has plummeted, job losses can be seen across the sectors. The Union Finance Ministry has estimated that GDP will shrink 4.5 percent in the current fiscal year. 

However hope has arisen from rural India as agriculture sector seems to have been relatively less affected by the pandemic and consequent lockdown. Rural India never really went into a severe lockdown and thus harvest, procurement and consumer activity has remained more or less the same. Thus while GDP will decline, growth rate of 2.5 percent is projected for agriculture this financial year. In 2019-20 agriculture grew by 4% thanks to record production ...

The Hindu

Labour shortage following an exodus of migrant labourers amid the COVID-19 pandemic and subsequent lockdown forced Gurteg Singh to plant paddy using direct seeding of rice (DSR) technique this summer (kharif season), moving away from the traditional ‘transplanting’ practice. One month down the line, he is not just upbeat about about his crop yield, but also relieved about management of crop residue after harvest.