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Total Matching Records found : 138

New crop of leaders -Rasheed Kidwai

-The Telegraph Bhopal: The turbaned, white-haired, kurta-dhoti-wearing "Tauji" figures are there too, but one outstanding feature of the current farmer agitation in Madhya Pradesh are its jeans-clad, smartphone-wielding spearheads. If the veteran "Kakkaji" Shiv Kumar Sharma is the public face of the movement, which lacks a central leadership, much of the spadework is being done by a band of young, bilingual, stats-savvy and largely apolitical agriculture graduates. Their leader Kedar Sirohi, who is...

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Shame of unpaid debt a key reason for farmer suicides, finds study -Sayantan Bera

-Livemint.com The RBI-commissioned study listed faulty crop choices and aspirational consumption patterns as other major factors for farmer suicides New Delhi: Shame arising out of inability to repay loans taken from relatives and acquaintances is a key reason for farmers resorting to suicide, a study commissioned by the Reserve Bank of India (RBI) found. The study titled “Lives in debt: narratives of agrarian distress and farmer suicides”, conducted by researchers at Shiv Nadar...

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The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta

-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...

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In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman

-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...

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In largesse we trust

-The Hindu Two separate decisions on farm loan waivers could have a domino effect Chairing his first cabinet meeting after taking over the reins in Uttar Pradesh, Chief Minister Yogi Adityanath approved a write-off on outstanding farmer loans of up to Rs. 1 lakh taken before March 31, 2016. The State cabinet also decided to waive loans worth Rs. 6,000 crore extended to small and marginal farmers that had turned into non-performing...

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