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Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan

-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...

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Agrarian distress: Farmer suicides and the collapse of cooperative credit institutions -Partha Sarathi Biswas

-The Indian Express The incidence of farmers taking their own lives is higher in regions where cooperative banks are the weakest. Nanded (Maharashtra): The verdant soyabean fields at Digras today are a far cry from the barren landscape they presented only a few months ago. But for residents of this village in Ardhapur taluka of Nanded district, the memories of drought in three out of the last four years will not fade...

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Punjab’s sorrow -Sukhpal Singh

-Frontline A noteworthy study that provides much-needed insights into the nature and severity of the farm crisis in Punjab. There have been many studies on agrarian distress and farmer suicides in different parts of India in the last decade, including in Punjab. Most of the studies focus on a profile of the victims, mostly landowning farmers, and reasons thereof, with a sample of such farmers. In this context, this book makes a...

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Government unveils norms for farm loan waiver scheme

-The Hindu Cooperative societies will get the amount in a phased manner Chennai: Pursuant to the announcement made by Chief Minister Jayalalithaa on the waiver of agricultural loans availed by small and micro farmers from cooperative banks, the State government has issued specific guidelines to be followed while implementing the waiver. According to the Registrar of Cooperative Societies (RCS), the scheme would be applicable to entire outstanding principal, interest, penal interest and all...

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No country for farmers -Yatish Yadav

-The New Indian Express If a government survey report is to be believed, an agricultural household harvests a debt of Rs 3,000 every month, forget about making money to sustain itself. The agricultural household 70th round survey of National Sample Survey Office conducted during July 2012 and June 2013 has revealed that the total income of an agricultural household per month was just Rs 6,426. On the other hand, the total...

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