Cash Crops

The company said that despite unprecedented heat wave affecting crop production across the country, the MSP uptick from government side facilitated healthy rural cash flow, thereby driving tractor overall demand in Q1 FY23.

A farmer in Punjab has set his vast sugarcane field on fire after he could not take the cash crop to a processing mill due to restrictions amid the coronavirus lockdown. The farmer, Jagtar Singh, said he somehow managed to sell a few bundles of sugarcane to small juice-sellers, but they too started disappearing in the last three months after they l...

Prime Minister Narendra Modi's mega scheme for farmers that will be rolled out today was equated to ''bribe for votes'' by senior Congress leader P Chidambaram. Mr Chidambaram's attack came hours before PM Modi launches the Rs. 75,000 crore scheme in Uttar Pradesh's Gorakhpur by transferring the first instalment of Rs. 2,000 each to over one crore ...

The government, which has already exceeded the annual budget deficit target, has little room for spending in the current year, having forgone some tax revenue on goods and services following the defeat.

Prime Minister Narendra Modi is studying three options, including a cash handout for farmers, people with knowledge of the matter said, as his administration seeks to ease an agrarian distress and shore up popular support ahead of next year's general election.

Cash withdrawals in the country go up during the crop harvest season, usually during March to April.

In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage may be felt in some pockets due to logistical issues and clarified that there is sufficient cash in RBI vaults. Com...

Himachal Pradesh, country's off-season cash crops bowl, has sought additional funds of Rs 1,000 crore from the Japan International Cooperation Agency (JICA) for extending a crop diversification project, an official said on Friday.

Due to the cancellation of legal tender of old Rs 500 and Rs 1,000 notes the farmers were constrained due to inadequacy of cash in carrying out Rabi operations and paying the interest of the short term crop loans.

With the harvesting of paddy crop drawing near, the age old practice of 'Badalia', a system of exchanging labour services prevalent in coastal districts, is showing signs of revival in some pockets of Odisha.

The National Bank for Agriculture and Rural Development (NABARD), a state-run lender, will provide Rs 210 crore($3.07 billion) in farm credit to help the sowing of winter crops such as wheat, a top finance ministry official told reporters.

The government has provided a credit line of 21,000 crores to support millions of farmers who have been left short of cash to buy seeds and fertilisers for their winter crops after its decision to cancel 500 and 1,000 rupee bank notes.

The recent demonetisation scheme has badly hit farmers, leaving them without cash just ahead of sowing winter crops.

At 7am, Bihari Das is usually at work on the farm he owns in Bundelkhand in Central Uttar Pradesh. This morning, he headed in the opposite direction.

By 9 am, the line outside a bank in Bundelkhand in central Uttar Pradesh is staggering. Bihari Das is exhausted. He walked ten kilometres to get to this bank - for the fourth day in a row. "It's incredibly frustrating for me. I can't afford to do this each day, but I have to," said the 65-year-old farmer. Each time he has made his exacting journey...

The company said that despite unprecedented heat wave affecting crop production across the country, the MSP uptick from government side facilitated healthy rural cash flow, thereby driving tractor overall demand in Q1 FY23.

A farmer in Punjab has set his vast sugarcane field on fire after he could not take the cash crop to a processing mill due to restrictions amid the coronavirus lockdown. The farmer, Jagtar Singh, said he somehow managed to sell a few bundles of sugarcane to small juice-sellers, but they too started disappearing in the last three months after they l...

Prime Minister Narendra Modi's mega scheme for farmers that will be rolled out today was equated to ''bribe for votes'' by senior Congress leader P Chidambaram. Mr Chidambaram's attack came hours before PM Modi launches the Rs. 75,000 crore scheme in Uttar Pradesh's Gorakhpur by transferring the first instalment of Rs. 2,000 each to over one crore ...

The government, which has already exceeded the annual budget deficit target, has little room for spending in the current year, having forgone some tax revenue on goods and services following the defeat.

Prime Minister Narendra Modi is studying three options, including a cash handout for farmers, people with knowledge of the matter said, as his administration seeks to ease an agrarian distress and shore up popular support ahead of next year's general election.

Cash withdrawals in the country go up during the crop harvest season, usually during March to April.

In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage may be felt in some pockets due to logistical issues and clarified that there is sufficient cash in RBI vaults. Com...

Himachal Pradesh, country's off-season cash crops bowl, has sought additional funds of Rs 1,000 crore from the Japan International Cooperation Agency (JICA) for extending a crop diversification project, an official said on Friday.

Due to the cancellation of legal tender of old Rs 500 and Rs 1,000 notes the farmers were constrained due to inadequacy of cash in carrying out Rabi operations and paying the interest of the short term crop loans.

With the harvesting of paddy crop drawing near, the age old practice of 'Badalia', a system of exchanging labour services prevalent in coastal districts, is showing signs of revival in some pockets of Odisha.

The National Bank for Agriculture and Rural Development (NABARD), a state-run lender, will provide Rs 210 crore($3.07 billion) in farm credit to help the sowing of winter crops such as wheat, a top finance ministry official told reporters.

The government has provided a credit line of 21,000 crores to support millions of farmers who have been left short of cash to buy seeds and fertilisers for their winter crops after its decision to cancel 500 and 1,000 rupee bank notes.

The recent demonetisation scheme has badly hit farmers, leaving them without cash just ahead of sowing winter crops.

At 7am, Bihari Das is usually at work on the farm he owns in Bundelkhand in Central Uttar Pradesh. This morning, he headed in the opposite direction.

By 9 am, the line outside a bank in Bundelkhand in central Uttar Pradesh is staggering. Bihari Das is exhausted. He walked ten kilometres to get to this bank - for the fourth day in a row. "It's incredibly frustrating for me. I can't afford to do this each day, but I have to," said the 65-year-old farmer. Each time he has made his exacting journey...