-Livemint.com Abject poverty, high levels of debt, and crop failures among the leading causes behind farmer suicides, according to a study commissioned by agriculture ministry New Delhi: Abject poverty, high levels of indebtedness, crop failures and pressure to repay loans are among the leading causes behind farmer suicides, according to the preliminary findings of a study commissioned by the Union agriculture ministry. The broad findings of the study conducted by the Institute for...
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Reading between the lines: Forget the rhetoric, this is no Budget for India's poor -Harsh Mander
-Scroll.in India's social-sector spending remains woefully low and despite claims of being a pro-farmer Budget, the effective allocations are nearly the same as last year. Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small traders caused by the “shock and awe” of the astoundingly callous...
More »No one loves the farmer -Ashok Gulati & Siraj Hussain
-The Indian Express They are the largest constituency in UP. Yet, all parties have overlooked their issues Next month, Uttar Pradesh (UP) will have a new popular government, hopefully with a clear mandate. If UP was a country, with a population reportedly of more than 214 million in 2015 (as per UN population projections), it would have been the fifth most populous country in the world after China, India, US and Indonesia....
More »Salt to the wound -Prabhat Patnaik
-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...
More »Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes
-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...
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