-The New Indian Express HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers. The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally...
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Farmers rue delay in cash deposit in banks
-Deccan Chronicle Hyderabad: The undue delay in remitting the first installment of loan waiver amount to banks by the Telangana state government has resulted in farmers across the state losing crop insurance benefit for the ongoing kharif season. Reports from Telangana districts confirm that the government did not remit the amount that was promised by it to banks by September 30, the last day for the banks to make adjustments of...
More »Grim tales of agrarian distress -R Avadhani
-The Hindu Sangareddy (Telengana): As many as 44 farmers have committed suicides in the last few months in Medak district after taking loans from private financiers Rachaboyina Balagoud was 55 years and belonged to Mylaram village in Wargal mandal. He had about one-and-a-half acres of land. He took loans to the tune of Rs. 12 lakh from various sources, including banks, and a private financer. He had sunk as many as 12...
More »Finance to 5 Lakh Joint Farming Groups of "Bhoomi Heen Kisan" through Nabard in the Current Financial Year
-Capital Market 14 Crore Soil Health Cards to be Issued in Three Years; Credit Support of Rs. 8 Lakh Crore to Agriculture During 2014-15 Targeted "Finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD in the current financial year", said Shri Radha Mohan Singh, Agriculture Minister, while inaugurating the National Rabi Conference. Minister said that, a very large number of landless farmers are unable to provide land title...
More »Tribals Being Shortchanged by ‘Shahukars’ -VKL Gayatri
-The New Indian Express PADERU (VISAKHAPATNAM DT) : It looks like there is no end to the plight of tribals in Agency areas of the district. They are being fleeced, cheated and robbed almost in every sphere of their lives. Here is a classic example of how the ‘shahukars' or the money-lenders loot the tribals with the banned instruments of measuring foodgrains. The ‘shahukars' shortchange the tribals as the latter barter their...
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