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How Demonetisation Has Accelerated Tamil Nadu's Deepening Agrarian Crisis -R Ramasubramanian

-TheWire.in Out of the 144 recorded farmer suicides, over 40 were from outside the Cauvery delta region. Observers and farmers directly attribute demonetisation as one major factor behind the suicides. Tamil Nadu is facing one of its worst Agrarian crises since independence. All of the state’s 32 districts have been officially declared as ‘drought-affected’.  In a statement issued on January 10, chief minister O. Panneerselvam announced that the move was necessitated following...

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'Have money, can't lend!' -TCA Sharad Raghavan

-The Hindu The ongoing repercussions of the government’s decision to demonetise high-value currency notes are being felt in particular by cash-intensive sectors such as the microfinance industry, according to microfinance company Satin Creditcare. “It’s been a pretty tough time (post demonetisation),” H.P. Singh, chairman and managing director of Satin Creditcare, said in an interview. “The cash supply position has been very bad in the northern states of Uttar Pradesh, Punjab… in both...

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Between 2014 & 2015, farm suicides rise by 2 percent

The Bharatiya Janata Party's (BJP) election manifesto for 2014 Lok Sabha election says that if elected to the Centre, it will then "(p)ut in place welfare measures for farmers above 60 years in age, small and marginal farmers and farm labours", among other things. Despite the formation of a BJP led National Democratic Alliance (NDA) government at the Centre in 2014, the latest available data on farm suicides from the...

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Punjab farmers plagued by pests and payment crunch -Aesha Datta

-The Hindu Business Line Sangrur and Samrala: In normal times, the grain mandi of Samrala is abuzz with the hum of Agrarian commerce. These days, however, it lies virtually vacant, with only a handful of farmers coming to sell their produce. Joginder Singh Sahni says that usually the mandi is full of wheat and rice farmers selling their goods. Commission agents and other links on the commercial chain add to the...

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Note recall most hurtful: Farmers

-The Telegraph New Delhi: A nationwide network of farmers today dubbed the demonetisation exercise "the most hurtful scheme since independence" and claimed that Prime Minister Narendra Modi's pledges for the agriculture sector announced on December 31 were "a rehash of what already exists". The network of farmers' associations and representatives from across the country said in a letter sent to the Prime Minister that the demonetisation move had shown a "dismaying disregard"...

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