-The Hindu The farm loans will be disbursed in two stages during the next crop cycle of kharif season from April 1 to August 31 and rabi season from September 1 to March 31 Jaipur: The Congress government in Rajasthan has identified a whopping 10 lakh farmers for grant of loans through cooperative banks during the next crop cycle, amid allegations by the Opposition BJP that its "populist measure" of farm-Loan waiver...
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Amritsar: Punjab farmers call off protest after court's intervention
-PTI AMRITSAR: Protesting farmers in Punjab called off their agitation on Wednesday after Punjab and Haryana high court asked the state government to look into their demands. The farmers had been squatting on the rail tracks in Amritsar since March 4 in support of their demands, including full Loan waiver, stopping the auction of land and arrest of farmers, and payment for sugarcane crop with 15 per cent interest. A petition seeking the...
More »How bankruptcy code can help fix India's agrarian crisis -Aishwarya Satija
-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm Loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable. Waivers may work as...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
More »Not satisfied by Maharashtra CM's assurances, farmers to go ahead with march
-The Indian Express The farmers would go ahead with the march from Nashik to Mumbai as planned on February 20. They will reach Mumbai on February 27 during the Budget Session of the state legislature. The Budget Session is slated to begin on February 25. Mumbai: Even as Chief Minister Devendra Fadnavis tried to allay the concerns of farmers in a two-hour meeting on Sunday, the All India Kisan Sabha (AIKS) said...
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