-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...
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Challenge of agrarian distress
-The Hindu Everything else can wait but agriculture cannot, said Jawaharlal Nehru. This should have been the talisman for India’s progress. Yet, successive governments have failed to accord agriculture the priority it deserves. The tragic suicide of a farmer during an Aam Aadmi Party rally in New Delhi has brought to the fore the agrarian crisis facing India. Official records reveal that more than 2.96 lakh farmers have ended their lives...
More »Land, development and democracy -Mihir Shah
-The Hindu India cannot continue with a pattern of industry that yields so few jobs but has such a large ecological footprint. Neither can it be excited by the urban nightmares that its cities are today. The land law debate must be the occasion to talk about these key national agendas The current debate on the land law is important because it affords us a chance to reflect more deeply on the...
More »Mint index of Rural Distress shows deepening crisis in villages -Roshan Kishore
-Livemint If the IMD forecast of below normal monsoon comes true, the Mint index of Rural Distress is likely to rise to its decadal high Indian farmers are trapped in a new cycle of distress, and the first monsoon forecast by the India Meteorological Department (IMD) released on Wednesday indicates the rains could play truant for the second year in a row. A Mint index of Rural Distress—based on the growth of...
More »Losing out on agriculture -M Rajivlochan
-The Tribune Modern farming techniques beyond the grasp of small & medium farmers Analyses of agrarian troubles in India are full of tragedy. The tragedy lies in two parts. In the first part is the sad story of a farmer who was distressed enough to commit suicide. In the second part is the outrageous behaviour of many bystanders who, in the name of being well-wishers of farmers, use the funeral fires not...
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