-Hindustan Times Of the affected states are also those announced farm loan waivers just months ago to bail out beleaguered farming community. With the southwest monsoon season about to end in less than three weeks’ time, the government’s drought warning system predicts there could be a drought in 225 districts across “17 agriculturally important states of India,” putting further strain on distressed agriculture sector. According to the government’s National Agriculture and Drought...

-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...

-The Indian Express Plunged from 8.61 L hectares in 2014 to 4.5 L hectares this year Jalandhar: THE POOR rate of Basmati (fine quality aromatic rice) which Punjab farmers have been getting for the past few years has resulted in reduced acreage and, in the past four years, the area of cultivation has decreased to nearly half under the crop. Scientists say that due to decrease in Basmati cultivation, the area under...

-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...

-The Tribune Punjab Govt looks other way, says no record of landless agri workers’ debt Chandigarh: While the Punjab Government dithers on providing debt relief to landless labourers, a new report suggests the number of suicides committed by landless agricultural labourers due to debt is much higher than those by farmers in the state. The “census report” commissioned by the Punjab Government on rural suicides takes into account incidences between 2010 and 2016...