-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
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Why Are Banks Deducting Money From Farmers' Accounts Without Permission? -Nitika Kakkar and Deepak Vaishnav
-TheWire.in Banks are deducting ‘crop insurance premiums’ from farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...
More »Farmers wilt under fodder, water crisis in Karnataka -Vishwanath Kulkarni & Anil Urs
-The Hindu Business Line Bengaluru: “There is no wateror fodder this year, and it has become tough to manage my three cows,” says Nagamma, a dairy farmer at Maradevanahalli village in Maddur taluk. The cows and her one-acre farm are her only sources of livelihood. “The milk yields have reduced: these days I get only about 5-6 litres, against 10-12 litres earlier,” she adds. The Maradevanahalli village panchayat provides about 200 litres...
More »Arun Jaitley rules out help for farm loan waivers to states; Yogi Adityanath, Devendra Fadnavis in a spot
-Firstpost.com Putting state governments that promised loan waivers for farmers in difficulty, Finance Minister Arun Jaitley on Thursday ruled out such waivers by the Centre insisting states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. The move is likely to put even BJP governments, including Devendra Fadnavis administration in Maharashtra and the newly...
More »Why I would not advocate vegetarianism -Sunita Narain
-Down to Earth Meat eating is not the key issue, it is the amount that is consumed and the manner in which it is produced. This is where India differs. Recently at the release of our book First Food: Culture of Taste, which discusses the link between biodiversity, nutrition and livelihoods, I was asked a question. “Why do you not, as an environmentalist espousing the cause of traditional and local diets that...
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