Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun    </title>
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-The Economic Times

Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.

Waiving loans is bad policy. It adds to the fiscal..."/>
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-The Economic Times

Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.

Waiving loans is bad policy. It adds to the fiscal..." />
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    <h1 class="cat-box-title">Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.<br /></em><br />Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre&rsquo;s hard-wrought fiscal discipline, scaring rating agencies.<br /><br />Waived loans bring little benefit to farmers. Only loans taken from commercial or cooperative banks can be waived, not loans from moneylenders. Many so-called farm loans go to people who own land but have leased it out to others to do the actual farming. When these loans, subsidised and used for cultivating anything but a crop, are waived, it ends up swelling unaccounted wealth in the hands of absentee landlords, while the actual wretch, who borrowed money from the local moneylender to grow a crop that turns out to be worthless, eats his heart out.<br /><br />Remunerative prices are what farmers need, not subsidies and loan waivers. Demonetisation played a role in the recent wave of farmer unrest. Traders who normally purchase the harvest or finance such purchases had a cash crunch and could not come up with the money. Alternate buyers did not materialise.<br /><br />Farmers threw away onion and tomato by the ton, rather than cart it back home to rot. But this problem is one-off, whereas farm distress is perennial. The solution is necessarily multipronged but consists, in essence, in creating missing market linkages between the farmer and the end-consumer.<br /><br /><em>Missing Market Links<br /></em><br />Policy on agricultural trade is adhoc: export is banned now and then, imports face unpredictable bans or duties. Farmers are denied the higher price often available in export markets.<br /><br />For all such restraints, Indian farm prices move in sympathy with global prices. This is one reason why it did not make sense for the current government to raise the minimum support price as often and as sharply as the UPA government did. Global commodity prices have been falling or subdued, unlike in the boom period of UPA&rsquo;s price revisions. India cannot have rice, wheat and lentil prices out of sync with global prices while being part of the interdependent global economy.<br /><br />Please <a href="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/" title="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/" class="re" target="_blank">The Economic Times, 12 July, 2017, http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/</a><div class="clear"></div>
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Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.

Waiving loans is bad policy. It adds to the fiscal..."/>
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    <h1 class="cat-box-title">Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.<br /></em><br />Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre&rsquo;s hard-wrought fiscal discipline, scaring rating agencies.<br /><br />Waived loans bring little benefit to farmers. Only loans taken from commercial or cooperative banks can be waived, not loans from moneylenders. Many so-called farm loans go to people who own land but have leased it out to others to do the actual farming. When these loans, subsidised and used for cultivating anything but a crop, are waived, it ends up swelling unaccounted wealth in the hands of absentee landlords, while the actual wretch, who borrowed money from the local moneylender to grow a crop that turns out to be worthless, eats his heart out.<br /><br />Remunerative prices are what farmers need, not subsidies and loan waivers. Demonetisation played a role in the recent wave of farmer unrest. Traders who normally purchase the harvest or finance such purchases had a cash crunch and could not come up with the money. Alternate buyers did not materialise.<br /><br />Farmers threw away onion and tomato by the ton, rather than cart it back home to rot. But this problem is one-off, whereas farm distress is perennial. The solution is necessarily multipronged but consists, in essence, in creating missing market linkages between the farmer and the end-consumer.<br /><br /><em>Missing Market Links<br /></em><br />Policy on agricultural trade is adhoc: export is banned now and then, imports face unpredictable bans or duties. Farmers are denied the higher price often available in export markets.<br /><br />For all such restraints, Indian farm prices move in sympathy with global prices. This is one reason why it did not make sense for the current government to raise the minimum support price as often and as sharply as the UPA government did. Global commodity prices have been falling or subdued, unlike in the boom period of UPA&rsquo;s price revisions. India cannot have rice, wheat and lentil prices out of sync with global prices while being part of the interdependent global economy.<br /><br />Please <a href="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/" title="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/" class="re" target="_blank">The Economic Times, 12 July, 2017, http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun    </title>
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Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.

Waiving loans is bad policy. It adds to the fiscal..."/>
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-The Economic Times

Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.

Waiving loans is bad policy. It adds to the fiscal..." />
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    <h1 class="cat-box-title">Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively.<br /></em><br />Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre&rsquo;s hard-wrought fiscal discipline, scaring rating agencies.<br /><br />Waived loans bring little benefit to farmers. Only loans taken from commercial or cooperative banks can be waived, not loans from moneylenders. Many so-called farm loans go to people who own land but have leased it out to others to do the actual farming. When these loans, subsidised and used for cultivating anything but a crop, are waived, it ends up swelling unaccounted wealth in the hands of absentee landlords, while the actual wretch, who borrowed money from the local moneylender to grow a crop that turns out to be worthless, eats his heart out.<br /><br />Remunerative prices are what farmers need, not subsidies and loan waivers. Demonetisation played a role in the recent wave of farmer unrest. Traders who normally purchase the harvest or finance such purchases had a cash crunch and could not come up with the money. Alternate buyers did not materialise.<br /><br />Farmers threw away onion and tomato by the ton, rather than cart it back home to rot. But this problem is one-off, whereas farm distress is perennial. The solution is necessarily multipronged but consists, in essence, in creating missing market linkages between the farmer and the end-consumer.<br /><br /><em>Missing Market Links<br /></em><br />Policy on agricultural trade is adhoc: export is banned now and then, imports face unpredictable bans or duties. Farmers are denied the higher price often available in export markets.<br /><br />For all such restraints, Indian farm prices move in sympathy with global prices. This is one reason why it did not make sense for the current government to raise the minimum support price as often and as sharply as the UPA government did. Global commodity prices have been falling or subdued, unlike in the boom period of UPA&rsquo;s price revisions. India cannot have rice, wheat and lentil prices out of sync with global prices while being part of the interdependent global economy.<br /><br />Please <a href="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/" title="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/" class="re" target="_blank">The Economic Times, 12 July, 2017, http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/</a><div class="clear"></div>
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Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun

Published on Jul 13, 2017   Modified on Jul 13, 2017

-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to farmers. Only loans taken from commercial or cooperative banks can be waived, not loans from moneylenders. Many so-called farm loans go to people who own land but have leased it out to others to do the actual farming. When these loans, subsidised and used for cultivating anything but a crop, are waived, it ends up swelling unaccounted wealth in the hands of absentee landlords, while the actual wretch, who borrowed money from the local moneylender to grow a crop that turns out to be worthless, eats his heart out. Remunerative prices are what farmers need, not subsidies and loan waivers. Demonetisation played a role in the recent wave of farmer unrest. Traders who normally purchase the harvest or finance such purchases had a cash crunch and could not come up with the money. Alternate buyers did not materialise. Farmers threw away onion and tomato by the ton, rather than cart it back home to rot. But this problem is one-off, whereas farm distress is perennial. The solution is necessarily multipronged but consists, in essence, in creating missing market linkages between the farmer and the end-consumer. Missing Market Links Policy on agricultural trade is adhoc: export is banned now and then, imports face unpredictable bans or duties. Farmers are denied the higher price often available in export markets. For all such restraints, Indian farm prices move in sympathy with global prices. This is one reason why it did not make sense for the current government to raise the minimum support price as often and as sharply as the UPA government did. Global commodity prices have been falling or subdued, unlike in the boom period of UPA’s price revisions. India cannot have rice, wheat and lentil prices out of sync with global prices while being part of the interdependent global economy. Please click here to read more.

The Economic Times, 12 July, 2017, http://blogs.economictimes.indiatimes.com/cursor/farmers-need-remunerative-prices-not-debt-waiver-to-end-rural-distress/

Tagged with: minimum support price Minimum Support Prices agrarian crisis Debt Burden Debt Relief debt waiver scheme Loan Waiver

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