Covid-19: Bank of Maharashtra launches financial support schemes

The bank is providing ‘Emergency Credit Line- Personal Loan Scheme- Covid 19’ in the form of term loan for all standard housing loan accounts Bank of Maharashtra (BoM) has announced various schemes for the corporate, retail, and agriculture sector to ensure immediate financial assistance against the backdrop of Covid-19 crisis. “For corporates, BoM is providing […]

Budget 2020: FM Sitharaman announces 16-point action plan for agriculture

The lot of the farmer has improved little, with various states having cumulatively written off a whopping Rs 4.7 lakh crore of farm loans in the past one decade, which is 82 per cent of the industry-level bad loans. The government is committed to doubling farmers’ income by 2022 and the budget aims to boost the income […]

In-Depth | When onion made India cry: How onion price rise affects politics, business and the common man

The price of onion has been hovering above Rs 100 per kilogram for over a month leaving the entire nation wailing. Skyrocketed prices of this key kitchen staple has not only left households teary-eyed but traders, wholesalers, and farmers have also been equally affected as people are beginning to cut back using the costly bulb. […]

Climate change behind spike in onion price every alternate year: Study

Researchers from Institute for Social and Economic Change say price will stabilise only by March 2020 The price of onion in the country spikes every two years and this is largely triggered by a series of factors, including drought, late arrival of monsoon, floods, crop failure, and supply disruptions, according to a recent study. The […]

Daily Onion Price Index – December 7, 2019

Onion prices continued to rise in many cities across the country, though the maximum recorded by government agencies on Saturday remained unchanged at Rs 165 a kilo. In Wayanad and Thiruvanthapuram, onion prices climbed Rs 5-10 a kilo from the Friday’s level. Onions continued to be most affordable in Jhansi, but prices of the bulb […]

Farmers taste success with vanilla beans

Vanilla farming seems to have brought a flavour of success to a handful of farmers in Kerala at a time when prices of other plantation crops are moving southward. Because of lower production, prices of dry vanilla beans is hovering between ₹22,000 and ₹30,000 a kg, depending on quality. “It cannot be said that prices are declining, […]

India to produce record cotton crop for 2019-20, predicts USDA

Cites good monsoon coupled with higher MSP making fibre crop preferred over others India is set to retain its numero uno position in cotton cultivation globally. The latest United States Department of Agriculture (USDA) estimate for the marketing year 2019-20 has projected India’s cotton crop at 305 lakh US bales (each of 217.7 kg), which works out […]

World Bank study on PMGSY: ‘Rural roads scheme triggered shift from farm to non-farm employment’

PMGSY was rolled out in 2000 to provide access to all-weather roads in 1.78 lakh rural habitations across the country. A recent independent World Bank assessment of the Pradhan Mantri Gram Sadak Yojana (PMGSY) rural roads programme meant to establish ‘farm to market connectivity’ shows that the PMGSY roads, in fact, “triggered a shift from […]

Telangana to spend Rs 32,000 crore on farm loan waiver

HIGHLIGHTS Telangana is set to spend Rs 32,000 crore on farm loan waiver this season — the highest-ever amount to be incurred on this count by any state in the country Though Maharashtra, Karnataka and Uttar Pradesh have given much higher estimated costs on loan waiver, their actual allocation has always been less, whereas Telangana’s […]

Krishi Kiosk launched

Haryana Agriculture and Farmers’ Welfare Minister, Om Prakash Dhankar on Friday launched Krishi Kiosk at Panchkula near here to start Digital Kisan Suvidha for facilitating the farmers. Through this Kiosk, the farmers will not only be able to get information about the schemes of the Department, but the formalities related to claims  to Pradhan Mantri […]