-Livemint Every time a waiver is done, it diverts access to credit and shrinks credit availability, says RBI governor Raghuram Rajan Mumbai: Vattikuti Prasad grows rice, bananas and sugar cane on his farm as big as 27 football fields in a part of southeastern India where most farmers own plots the size of just one. He has two homes, including a four-bedroom house he rents out in a nearby town. This year...
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No conditions apply -Renana Jhabvala
-The Indian Express Cash in the hands of the poor can transform their lives. With bank accounts and an Aadhaar card for all becoming a reality, it is possible to transfer money directly to the poor and check middlemen who siphon away funds. Cash transfers (CTs) come in many forms. They may be conditional or unconditional, selective or non-selective, targeted or universal. Some types of CT are as susceptible to misuse as...
More »Over 400 farmers have committed suicide in Telangana since its formation -M Suchitra
-Down to Earth National Human Rights Commission has sought report from the state The K Chandrasekhar Rao government in Telangana seems to have failed to deliver on its promise of reforming the crisis-ridden farm sector in the state. Unofficial figures suggest that more than 400 farmers have committed suicide in the past six months. Telangana, the youngest state in the country, came into existence on June 2 this year. Rao and other leaders...
More »Andhra Pradesh identifies 2.28 mn farmer families for Phase I of loan waiver -Yogendra Kalavalapalli
-Livemint A total of 4.04 million bank accounts have been cleared for loan waiver that will benefit 2.68 million farmers Hyderabad: Andhra Pradesh on Thursday finalized the norms for loan waiver for farmers and identified 2.28 million families as beneficiaries in the first phase of what it called a "debt redemption scheme". Loans will be written off in two phases, Andhra Pradesh chief minister N. Chandrababu Naidu said at a press briefing....
More »Farmer suicides continue unabated -Shoumojit Banerjee
-The Hindu Pune: The unremitting wave of farmer suicides continued in Maharashtra's rain-shadow regions of Marathwada and Vidarbha with four more farmers taking their lives in less than 48 hours, belying feeble government promises of quick succor to afflicted farmers across more than 19,000 villages in the State. According to locals and relatives, the farmers who took the extreme step were small landholders weighed down by massive debt accruing from three consecutive...
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