Agriculture Distress News
Farm woes to take centrestage in the new year as poll battle looms
The agriculture sector, which remained in distress during 2018 as crop prices slumped due to bumper production, will be in the spotlight in the new year as the BJP-ruled central government is set to roll out a big package to assuage the angry farming community ahead of the general elections.
Madhya Pradesh, Chhattisgarh farm loan waivers: Politics of sops can kill an economy; fiscal indiscipline no pathway for poll wins
Farm loan waivers are not new to the Indian economy. In 2008-09, the UPA-I government announced a farm loan waiver of Rs 60,000 crore. It hit the exchequer, and not the banks, but it distorted the credit culture since it discouraged farmers from paying up their dues.
Hike in Kharif MSP to cost Narendra Modi government Rs 33,500 crore more, decision likely today
The govt could increase the MSP of paddy, the key Kharif crop, by 13 percent to Rs 1,750 per quintal for the 2018-19 crop year
Narendra Modi says govt doubled budget for agriculture sector to Rs 2.12 lakh crore in last four years
The budget for 2018-19 fiscal has taken steps to provide farmers a price equivalent to 150 per cent of their cost of production, Modi said
Another farmer in Odisha commits suicide due to crop loss, 10th such case in state since October
A farmer allegedly committed suicide in Odisha, with his family claiming that he took the extreme step due to crop loss caused by unseasonal rains