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West Bengal: New schemes to provide Rs 2 lakh compensation for farmers' deaths, says Mamata Banerjee

farmers, months ahead of the 2019 Lok Sabha elections. Banerjee said that the state government will pay the premium on crop insurance schemes and will give farmers Rs 5,000 per acre annually, ANI repoRTEd. In case a farmer between the age of 18 to 60 dies, compensation of up to Rs 2 lakh will be provided to their family. “The money will be available through the agriculture department,” she said, according to Ebela. This includes compens

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Spurt in SMP prices cheers dairy farmers -Rutam Vora

, we see prices improve. There is no shortage,” said RS Sodhi, Managing Director, Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) — the marketer of Amul. GCMMF has so far expoRTEd about 30,000 tonnes of SMP under the incentive scheme in past 2-3 months. Please click here to read more.

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In Marathwada, love for sons makes life miserable for daughters -Radheshyam Jadhav

Girl child seen as a burden in the region that reels under drought Thirty-eight-year-old Meera Ekhande from Beed district in Marathwada region of Maharashtra had given birth to seven girls and aboRTEd two, but her family kept insisting on having a son. In her tenth pregnancy, Meera was delivered of a stillborn boy and she died because of excessive bleeding. But this is not an isolated case in this drought-affected region. Though preference for

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Mamata Banerjee asks Bengal departments not to share data with Centre -Madhuparna Das

government accesses all data of the state government and uses those to send ‘political messages’ to some sections. Following Banerjee’s instruction, Bengal government has already staRTEd working on a dashboard that would act like a common platform for state departments to store government data, said a senior official. “From now onwards, we should have our own portals. And we will stop sharing data with Centre. In the name of

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Banks lost Rs 41,167 crore to fraud in 2017-18: RBI -George Mathew

from Rs 10,170 crore in 2013-14. In 2017-18, however, frauds related to off-balance sheet operations, foreign exchange transactions, deposit accounts and cyber-activity took centrestage. Banks repoRTEd more cyber frauds during the year, losing Rs 109.6 crore in 2,059 cases in 2017-18 as against Rs 42.3 crore with 1,372 cases the previous year. Please click here to read more.

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A double-edge sword for farmers -- Loan waivers shrink credit supply to the farm sector -Kushankur Dey

Post the early waiver-announcements, credit growth in agriculture and allied activities has been a meagre 2.9% between April and October 2018, and 8% on a y-o-y basis. In FY17, the credit growth repoRTEd was 13%, followed by 5.5% in FY18. Now, the impact farm-loan waivers would have on rural credit offtake and farmers should attract the immediate attention of policymakers and academics. Note, credit is a critical resource for farming households

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An outstanding alternative to farm loan waiver -Suman Layak

s an isolated development, nor is government action to ease farm debt anything unique. Helping farmers to manage their unviable debt is definitely not a moral hazard, as has been advocated in some quaRTErs. The question should be: is there a way to do it without raiding RBI’s reserves or giving up on fiscal prudence? Farming is structured differently in India and employs way more people than in developed nations. Giving up farming is rarely a

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An attempt to understand and contextualise farmer suicides -MS Sriram

they are not writing a chapter for books like Freakonomics where the fun-fact is that drunken walking is more dangerous than drunk driving. Instead each of them is focusing on the data about the repoRTEd farmer suicides. In most of the cases, the journalists and scholars have followed up on repoRTEd suicides and interviewed the families to ascertain whether the reporting was accurate and unbundled the d

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Farm crisis deepens in Karnataka, 156 talukas declared drought-hit -Sharan Poovanna

ber to 26 December) and the state recorded 49% deficit in rainfall. North interior Karnataka, which accounts for 90% of rabi sowing, recorded a deficit of 66%, it said. Mint had on 17 December repoRTEd that after declaring around 100 talukas as drought-hit in the kharif season, officials had said that at least 20 more administrative units will be added to the list. Expectations of good rains after a relatively decent southwest monsoon had encour

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