-Livemint.com Forgiving farm loans is no solution. The data shows there’s a far more fundamental problem—most agricultural households are unable to keep body and soul together. There’s nothing new about rural distress. Nor is it surprising. If the income of almost 70% of farm households is less than their consumption expenditure, according to the government’s own data, then it’s obvious they’ll be “distressed”. Yet that’s the inescapable conclusion from the National Sample...
More »SEARCH RESULT
Is India faced with a 3.1 lakh crore farm-loan waiver? And will it help?
-IANS As demands for farm-loan waivers grow across Punjab, Haryana, Tamil Nadu, Gujarat, Madhya Pradesh, and Karnataka -- after Uttar Pradesh and Maharashtra wrote off loans worth Rs 36,359 crore and Rs 30,000 crore, respectively -- India faces a cumulative loan waiver of Rs 3.1 lakh crore, or 2.6 per cent of its GDP in 2016-17. A waiver of this scale could pay for the 2017 rural roads budget 16 times over...
More »The seeds of discontent -Bina Agarwal
-The Indian Express India faces not just a farmers’ crisis, but a serious meltdown of farming families Amongst the images of agitating farmers in Madhya Pradesh, it was striking to see how many were youngsters dressed in jeans and shirts — they were clearly not all farmers, but also farmers’ sons, unhappy with jobless growth. We are facing not just a farmers’ crisis today, but also a crisis of farming families, whose...
More »The farm loan waiver conundrum -Anil Padmanabhan
-Livemint.com Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade Last week, farmers agitating for better prices for their produce of onions and pulses—prices for both of which have witnessed a steep fall in recent months—in Mandsaur district of western Madhya Pradesh turned violent. Coming in the backdrop of a similar agitation by farmers in...
More »Toiling for a toilet -Yardain Amron
-The Hindu While sanitation schemes in India date back to the British Raj, Swachh Bharat Mission (SBM) is the latest and by far most ambitious iteration. Launched by India’s Prime Minister Narendra Modi at the end of 2014, the Rs.9,000-crore scheme aims to achieve an Open Defecation-Free (ODF) India by constructing 12 million rural household toilets across the country before October 2, 2019 — to coincide with Mahatma Gandhi’s 150th birthday. But...
More »