-The Business Standard The latest suicide in Vidarbha underlines the need for flexible loan repayment norms for farmers Is it better to give compensation to dead farmers, or to provide loans and insurance to those who are alive? In the case of a majority of cotton farmers in Maharashtra, who are struggling against shrinking land size, production costs and debts, there is neither credit or insurance when alive nor compensation on death. Farmers caught...

-The Hindu     As the borewells go deeper in Maharashtra, there have been worrying instances of ‘paleo-historic storages' being breached "Only two of them work," says Badri Kharat of his borewells in Roshangaon. That's hard - when you've sunk 36 of them spending millions of rupees, as he has. Kharat, a big landowner and local political personage, has been generous to his neighbours in this village of Jalna district. He pipes in drinking...

-Live Mint In the two years to March 2012, the number of kisan credit cards grew by 28%, while the outstanding amount grew by 76% So far, the rural job-guarantee scheme, other social programmes by state governments and the raising of minimum support prices to farmers have been cited as reasons for the continued buoyancy in rural consumption and also for inflation in food items. But there could be another insidious...

-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

-National Alliance of People’s Movements A historic mobilization of more than 1 lakh farmers, farm workers and agrarian masses belonging to a wide variety of social movements from across India descended upon New Delhi today. Protestors at the 'Kisan Khet Mazdoor Mahapanchayat'  came to show their collective commitment towards getting the government’s attention to reverse the grave agrarian crisis caused by liberalization reforms supporting foreign investors, corporations; reforms that support elite...