NABARD releases Rs 20,500 crores of funds for Kharif and pre-monsoon operations

On May 18, 2020, the National Bank of Agriculture and Rural Development (NABARD) released Rs 20,500 crores. The funds will act as front-loading resources to the cooperative banks and the Regional Rural Development Banks (RRBs). Highlights The funds have been released to help farmers in Kharif operations and also in their pre monsoon preparations. Of ..

Month: Current Affairs - May, 2020

Category: India Nation & States Current Affairs

Topics: Agriculture • Atma Nirbhar Bharat Abhiyan • Cooperative Banks • farmer welfare • IMD • Indian monsoon • Kisan Credit Card Scheme • NABARD • Regional Rural Banks (RRBs)

IMD: El Nino to be neutral; Normal Monsoon rains for India

On March 19, 2020, the Indian Meteorological Department announced that the El Nino Weather Phenomenon is to remain neutral this year between May and July. This will bring in normal rains to India during South West Monsoon. The Indian Monsoon is greatly affected by the El Nino and La Nina Weather Phenomenon. The neutral event ..

Month: Current Affairs - March, 2020

Category: Science & Technology Current Affairs

Topics: El Nino • El Nino Southern Oscillation • Global Warmimg • Indian monsoon • La Niña • Monsoon rainfall • Pacific Ocean

Farmer Suicide: Steep rise in Maharashtra; highest in 4 years

In November 2019, the number of farmer suicides increased to 300 cases in Maharashtra. The steep increase in farmer suicides though has crossed 300 several times, this is the highest since 2015. Highlights The farmer suicides in the state have increased by 61% in 2019 as compared to 2018. This was primarily due to unseasonal ..

Month: Current Affairs - January, 2020

Category: Reports & Indexes Current Affairs

Topics: Agriculture • Erratic Monsoon Rainfall • Farmers • Farmers Distress • Indian monsoon • NCRB • Suicides

Report: Kharif crop production to dip by 12%

On December 3, 2019, a private weather monitoring company, Skymet released a report on Kharif Crop outlook. According to the report, barring cotton the Kharif crops are expected to witness a drop-in production by 4.5% to 12% as compared to 2018-19. Key findings of the report Several crops such as groundnut, soybean, cotton, tur and ..

Month: Current Affairs - December, 2019

Category: Reports & Indexes Current Affairs

Topics: Agriculture • Crop damages • Crops in India • Erratic Monsoon Rainfall • Indian monsoon • Kharif Crops • South West Monsoon

Facts Box: Effects of El-Nino, Equinod and IOD on Indian Monsoon, 2019

The ongoing frenetic of the North-East Monsoon in the Peninsular India were supported by the same factors that propelled the South-West monsoon. The Indian monsoon of 2019 saw a neutral Pacific (neither El Nino nor La Nina), a positive Indian Ocean Dipole (IOD) and a positive Equatorial Indian Ocean Oscillation (EQUINOO). El nino  The variation ..

Month: Current Affairs - October, 2019

Category: Environment Current Affairs

Topics: El Nino • ENSO • Indian monsoon • Indian Ocean • La Niña