-Firstpost.com The battle for the rural heartland has commenced in full earnest. Even though the two main opposition parties are not officially behind the strike called by farmers, their support and muscle is in full evidence. Surprisingly, the Shiv Sena – an alliance partner of the present government -- has also supported the agitation. Yesterday, milk and vegetables had to be brought into some of Maharashtra’s cities under police escort. The shrill...
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Why a problem of plenty is hurting India's farmers -Soutik Biswas
-BBC Farmers are on the boil again in India. In western Maharashtra state, they have been on strike for a week in some seven districts now, spilling milk on the streets, shutting down markets, protesting on the roads and attacking vegetable trucks. In neighbouring Madhya Pradesh, curfew has been imposed after five farmers were killed in clashes with police on Tuesday. Last month, farmers in southern Telangana and Andhra Pradesh staged protests...
More »Farmers' protest in Maharashtra, MP: Both BJP-ruled agrarian states need long-term policy measures -Nalini R Mohanty
-Firstpost.com After Maharashtra, Madhya Pradesh has now been rocked by farmer unrest. At least six farmers were killed and eight others were critically injured on Tuesday when the police resorted to firing to subdue the protesting farmers in Mandsaur in Madhya Pradesh. In both Maharashtra and Madhya Pradesh, the farmers’ demands are almost similar: they want complete farm loan waiver as a short-term palliative and secondly, institutionalised mechanism for getting better prices...
More »El Nino threat dips, met department ups rain forecast
-The Times of India NEW DELHI: The weather office expects good rainfall across the country this year. It is expected to touch 98% of the long term average (LPA), the India Meteorological Department (IMD) said on Tuesday , raising hopes of increased Rural Demand for goods leading to overall economic growth. The latest monsoon forecast is marginally higher than the IMD's earlier estimate of 96%. There's little chance of an El Nino...
More »Farm loan waivers by states might hit Rs 2,57,000 crore by 2019 elections: BofA-ML Report
-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...
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