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Farmer suicides continue unabated despite PM Modi's tall promises

-National Herald Last year, Centre had informed the Supreme Court that despite a multi-pronged approach to improve income and social security of farmers, over 12,000 suicides were reported in the agricultural sector every year since 2013 Over the last 48 hours, at least 24 debt ridden farmers have committed suicide. The Marathwada region in Maharashtra has alone witnessed 452 instances of suicide in the first half of 2018 Despite announcements of Loan waivers...

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India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi

-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...

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India's rural inflation has started pinching

-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...

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Failed borewells and farmer suicides: The human cost of Anantapur's agrarian crisis -Haripriya Suresh

-TheNewsMinute.com Water is a resource that will never run out, they say; but its scarcity has been the undoing of many families in Kadiri, a town in Andhra Pradesh’s Anantapur district. Anantapur district has seen varying degrees of drought for many years now. Barren lands and wilting crops are a common sight in these parts. The sun beats down on you and wears you out, and there is no water in...

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Fresh farm crisis brews in Maharashtra as banks tighten purse strings -Abhiram Ghadyalpatil

-Livemint.com Banks in Maharashtra have issued only 22% of the kharif season lending target of Rs43,342 crore till 27 June, said an official at the state department of cooperation Mumbai: Farm discontent is raising its head in Maharashtra yet again as banks remain tight-fisted on crop Loans at the beginning of the sowing season, cancelling out the benefits of last year’s mega Loan waiver. Banks in Maharashtra have issued only 22% of the...

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