The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...

Sivadasan's five-acre farm used to be a solitary patch in Kerala's Palakkad district, with bitter gourd, cucumber, cow peas and lady's finger growing amid a landscape dotted with paddy fields and plantations of rubber and spices.  Just five years later, more than 1.45 lakh farmers in the southern state have joined Sivadasan and started growing vegetables, reflecting a palpable shift sweeping across the Indian countryside.  "Vegetables are always more profitable than paddy,"...

Consider this. Every time petrol prices rise, oil companies end up losing more money. How? The price differential between petrol and diesel increases further; people start buying diesel-powered vehicles so oil firms bleed more. Even worse, we all bleed because dieselisation adds to toxic pollution in our cities. This, in turn, adds to the health burden and costs. This is all very well accepted. Yet, nobody has done anything to fix...

While the Maharashtra government must be relieved that Swabhimani Shetkari Sanghatana leader and Kolhapur MP Raju Shetty ended his five-day fast in Baramati on Saturday, after it agreed to a sugarcane procurement price hike, many wonder why the same state ignores the plight of its cotton farmers. In the same duration that Shetty sat on a fast 22 debt-ridden, Vidarbha cotton farmers committed suicide. One of these, Rajendra Lahiti of Dhamangaon,...

Maharashtra, pioneer of the employment guarantee scheme 35 years ago, is now the worst performer under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) with the home districts of some of its tallest leaders dragging it down. For instance, Pune, home district of Union agriculture minister Sharad Pawar, has provided negligible work in the past two years despite strong demand for employment. As per the official figures for the current year,...