Page 7 - Farm Sector

As farm sector gains importance, HDFC Bank reworks strategy for rural areas

The State Bank of India has also created a separate business vertical to focus on financial inclusion and micro-markets (FI&MM) in semi-urban and rural areas

Adverse weather conditions, lockdown to hit output of Rabi crops: Report

The production of cereals, pulses and oilseeds is estimated to decline by 1.95 per cent, 2.22 per cent and 13.48 per cent, respectively, in 2019-20 compared to last year, according to the report.

Agriculture, mining saved Indian economy in FY20; manufacturing bites

The farm sector is expected to perform well in FY21 as well.

Farm sector grows by 5.9% in Q4 of 2019-20; future uncertain due to Covid

As the data relates to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector

Linking farm sector fortunes to unpredictable monsoon could be premature

More than normal rainfall, it is the distribution, spread and timeliness that will play a bigger role in improving the lot of farmers

Sitharaman brings farm sector reforms, to deregulate onion, potato prices

Stock limits will be imposed only under exceptional circumstances like national calamities and famine, said the FM

Frames per Second: The long walk home-2

The government has extended the Covid-19 lockdown - but provided little succour to the most vulnerable

India agriculture output lone bright spot in an economy set to shrink

Farm sector growth will top 3 per cent in the year started April 1, Ramesh Chand, an adviser to PM Narendra Modi, said in an interview.

Good harvest keeps farmers happy: Farm sector records 3.5% growth in Q3

The second advance estimate of foodgrain production released a few days ago estimated the wheat output at an all-time high of 106.21 million tonnes

How to double farmers' incomes

In a country as vast and diverse as India, it will require a variety of development approaches to bring the benefits of growth and prosperity to all agriculturalists

Economic Survey: Need to address challenges in farm sector to double income

The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added

Why states' farmer schemes are making deeper inroads than PM-KISAN

Just around 20% of 8.60 crore beneficiaries registered so far under PM-KISAN have received their third installment and the cut-off date is November-end

Misuse of agriculture credit

RBI report provides damning evidence

Priyanka lashes out at BJP govt in Uttar Pradesh over farm suicides

Priyanka Gandhi cited a media report which said that five farmers have committed suicide in as many days in Bundelkhand's Banda

Farm income can't be doubled by 2022 at current growth rate: Govt

The government had so far spent Rs 720 crore through 61 projects for promoting organic farming in the country

Agriculture under NDA: Of surplus, subdued prices, MSP boost and stress

While steps to improve production depressed prices, loan waivers have had the impact of stifling farm credit growth

A balance-sheet of the key schemes for the farm sector under the Modi govt

While the schemes may have been well intentioned, on-ground implementation in most cases seems to have suffered for a variety of reasons

Quick fixes will put farm sector into greater mess, warn experts

The first two years of the NDA government, 2014 and 2015, were drought years, which pulled down output

Balance sheets of external sector, banks need greater focus of govt: Report

With national and few states elections around the corner, greater focus is being put to address distress in the farm sector but this strains the government's finances as well as balance sheets of banks, says a report. According to Dun & Bradstreet, in order to sustain growth momentum, the government needs to improve the balance sheet of the country's external sector as well as banks. "Loan waivers and increase in Minimum Support Price (MSP), in particular, are not productive solutions. They are at best transitory, but place a huge burden on the government finances and the public sector banks which are already under stress for bad loans," said Arun Singh, Lead Economist Dun & Bradstreet India. The report outlined that if the four states, which have announced a farm debt waiver in 2017, consider to waive 'only' the crop loans given to small and marginal farmers, it would result in writing off more than 65 per cent of the outstanding crop loans given by all Scheduled Commercial ..

Farm sector projected to grow at 5% in Q4

Sector's full year growth is expected at 4.4%