Farmers are joining India Inc in mind, body and spirit. In a quiet revolution underway across the countryside, growers are setting up companies, replete with balance sheets, professional CEOs, board of directors, and income tax returns. By pooling together the land and produce of their shareholders, these companies are signing lucrative deals with large retail chains, food companies and exporters keen to establish reliable supply chains. As many as 200 companies...
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1 in 2 farmer households in debt: Study by B Sivakumar
A National Sample Survey Organisation ( NSSO) study found that nearly half of the country's farmer households are in debt. Andhra Pradesh, Tamil Nadu and Punjab are the top three states recording highest percentage of farmers in debt. Of the 89.35 million farmer households in the country, 43.42 million are unable to come out of the debt trap, the report said. AP tops the chart with 82% of farmers in debt,...
More »3 more farmers commit suicide in Kerala
-The Pioneer Three more debt-ridden farmers committed suicide in Kerala in 24 hours till Monday morning taking the total number of farmers ending life due to financial problems in the past two weeks in the State to seven. Farmers Kunhikrishnan (50) and KK Joseph (48) of Wayanad district committed suicide by hanging while Chandran of Palakkad district ended his life by consuming poison. All of them had pending repayments of huge loans...
More »Another farmer suicide in Burdwan by Debajyoti Chakraborty
Safar Ali Mollah, 18, a paddy farmer, committed suicide by drinking pesticide at Kalitikuri village under Bhatar police station area on Friday night. Only three days ago, Bhabani Porel (45), paddy farmer of Chanduli village under Burdwan Sadar Police Station area committed suicide by hanging from a tree. Safar was unable to sell paddy crop at the Minimum Support Price (MSP) stipulated by the state government which landed him in a...
More »States in India: Governance holds key, size is only secondary by Subodh Varma
Are smaller states easier to govern and hence better for the people? The most recent reorganization took place in November 2000 when three mega states - Uttar Pradesh,Bihar and Madhya Pradesh - were sliced up to give birth to Uttarakhand, Jharkhand and Chhattisgarh, respectively. It is more than a decade since then. The new states are now well-established. But, how are they faring compared to the 'mother' states? Has the...
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