-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...

-The Indian Express Insecurity, more than poverty or indebtedness, is the key economic issue that politicians must address If social inequality is the most acutely felt social problem in India, insecurity, more than poverty, is the most acutely felt economic problem. While most measures suggest that only around one-fifth of the population today is under the official poverty line, large sections of those even much above that line are subject to...

-TheWire.in With the Krushak Assistance for Livelihood and Income Augmentation scheme, Naveen Patnaik has likely scored an electoral point over the BJP and Congress. New Delhi: Odisha chief minister Naveen Patnaik – who is seeking a record fifth term in office – introduced a farming assistance scheme worth more than Rs 10,000 crore on December 21. Believed by many to be a measure to counter the larger political rhetoric around farm loan...

-The Hindu Efforts to make agriculture climate-resilient must be scaled up and consolidated The pervasiveness of climatic aberrations and the associated socio-economic vulnerability are now widely recognised and experienced across the globe. The Sixth Assessment Report by the Intergovernmental Panel on Climate Change (IPCC) on “Global Warming at 1.5°C” distinctly propagates the need to strengthen and enhance existing coping capacity and to remain committed to the objectives of the Paris Agreement. The report...

-Tribune News Service RTI reply indicates 1.5 times jump in profit of insurers in a year Hisar: Insurance companies across the country earned a whopping Rs 15,795 crore as profit in two years from the Pradhan Mantri Fasal Bima Yojana (PMFBY), according to a reply received under the Right to Information Act. While the farmers’ wait for increase in income continues, the profit of insurance firms increased by one-and-a-half times in just one...