Day: May 18, 2020

Covid-19: Farmers turn to illegal money-lenders for support

Distressed Maharashtra farmers are knocking on the doors of private revenue-lenders to overcome money crisis subsequent the Covid-19 lockdown.

“As the Covid-19 situation is worsening, farmers are bearing the brunt. Since March, a lot of farmers are by now dealing with a funds crunch thanks to lockdown and closure of APMCs. It is not only about cultivation but also about satisfying day by day demands,” explained agriculture professional Nishikant Bhalerao. He included that the network of illegal revenue-lenders distribute throughout the Point out has become energetic.

Aurangabad-based mostly farmer Kaka Thote admits that the bulk of farmers in the area

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Aatmanirbhar package fails to cheer fisher-folk

The fiscal stimulus in the fisheries sector has unsuccessful to carry any cheer to the fisher-folks, as they panic that the absence of an quick short-time period guidance would press them even further into the financial debt trap.

Although professionals in the sector position out that the Kisan Credit history Card plan for fishers would strengthen liquidity in the sector, Charles George, president of Kerala Matsya Thozhilali Aikyavedi, said that majority of the fishing neighborhood in the Point out have not appear underneath the purview of the plan owing to the lackadaisical mind-set of the authorities.

“The Finance Minister had

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Researchers use acoustics to boost … – Information Centre – Research & Innovation