Tag: Agricultural Sector

Operation Greens

Operation Greens aims to promote farmer producers organisations, agri-logistics, processing facilities and professional management. The operation aims to aid farmers and help control and limit the erratic fluctuations in the prices of onions, potatoes and […]

National Bank for Agriculture and Rural Development (Amendment) Bill, 2017

Source: The Hindu

Why in news recently?

(A Bill to increase the authorised share capital of NABARD was passed by the Parliament.)

Author: Krishnadas Rajagopal

The National Bank for Agriculture and Rural Development (NABARD) Act, 1981 has been amended to boost the rural and agricultural sector. The amendments recognise the vital role of micro, small and medium enterprises (MSMEs), as defined under the MSME Development Act of 2006, in rural entrepreneurship and are intended to make financing easier for them.

POINTERS – Main reasons for the agricultural crisis in India.

Main reasons for the agricultural crisis in India:

  1. Rising pressure of population on farming and a steady declining trend in land holdings
  2. Risks in production, weather and disaster, price, credit, market and those in policy.
  3. Predominance of informal source of credit.
  4. Price risks due to low resilience
  5. High production cost.