-Hindustan Times Access to formal credit can be a major game-changer in determining farm-incomes. It is to be expected that richer farmers would find it easier to avail of formal credit lines. What ails Indian farmers? The answer to this question is often mired in ideological quarrels. Some blame a lack of reforms in agricultural markets, while others accuse the state of not doing enough to support farming. Systemic issues are...
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Rural indicators point to worsening farm distress -Sayantan Bera
-Livemint.com Sluggish wage growth, lower crop planting, fluctuating prices paint a dismal picture for farmers and the agriculture sector New data released by the government on rural wages, crop prices and sowing of winter crops reveals that rural distress is worsening. Planting of wheat, the main winter crop, between October and early January was 5% lower than a year ago due to lower sowing in Madhya Pradesh by close to a million hectares;...
More »The culture of freebies must give way to the use of technologies in farm -Neeraj Kaushal
-The Economic Times Politicians in India firmly believe that the woes of farmers can be solved with freebies: free electricity, free water, farm loan waivers, fertilisers and seed subsidies, minimum support prices, etc. Little attention is paid to what really ails Indian agriculture: low productivity. From rice to wheat to coarse grains and pulses, from cash crops to food crops, Indian agriculture is punctured with very low productivity. Let's start with rice....
More »Shaktikanta Das, the former secretary of the Department of Economic Affairs, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
More »loan: Rs 41,700 Waived: Rs 7 -Arnab Ganguly
-The Telegraph Chandigarh: Farmer Balwinder Singh from Patiala had taken a loan of Rs 41,700 from a cooperative bank. When he received his loan-waiver certificate from the Punjab government on Sunday, the amount waived was mentioned as Rs 7. On a day chief minister Amarinder Singh launched the loan-waiver scheme in Chandigarh to help distressed farmers, many across the state alleged only a fraction of their debts had been written off. While Balwinder...
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