-The Times of India GREATER NOIDA: The farmer community of Greater Noida welcomed Chief Minister Yogi Adityanath's Relief announcements in terms of debt waivers and buy back proposals of stacked up wheat produce. The twin announcements have given hope to the community which has been suffering under financial distress over last three years because of cash crunch and inclement crop damage. Adityanath's announcement of wheat purchase made yesterday at Gorakhpur came in...
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Farm loan waiver is no solution for Indian agriculture
-Livemint.com In the case of repeated farm loan waivers, it makes sense for borrowers to default strategically Hope: The Narendra Modi government says it wants to double farm income by 2022 through the transformation of Indian agriculture. Reality: The political discourse continues to focus perversely on farm loan waivers. Here are some recent instances. The new Bharatiya Janata Party government in Uttar Pradesh is considering a farm loan waiver as promised in its election...
More »Centre initiates discussion on farm loan waiver
-PTI Maharashtra, TN among States seeking Relief; hold talks with Finance Minister New Delhi: Finance Minister Arun Jaitley on Friday initiated discussions on a farm loan waiver scheme with the Agriculture Ministry and some States in line with the BJP’s promise ahead of Uttar Pradesh elections. Agriculture Minister Radha Mohan Singh, Maharashtra Chief Minister Devendra Fadnavis and Tamil Nadu Finance Minister D Jayakumar were among those who met Jaitley to discuss various issues...
More »Farmers deep in troubled waters -R Balaji
-The Hindu Business Line State govt package is inadequate, unfair and not quick enough, says farm sector Chennai: “When there is no water to drink, what can we say about irrigation?” asked K Venkatesan, a farmer near Vridhachalam. Whether canal dependent or bore well irrigated, all crops have withered, he said. Insurance compensation and the disbursement of the State government’s Relief package have to be expedited, said farmers’ representatives. Farmers have to be fully...
More »80% of farm suicides by cotton growers: Study -Ruchika M Khanna
-The Tribune Rural debt doubles to Rs 80,000 crore in 7 years | Most deaths reported in Bathinda, Mansa, Muktsar Chandigarh: With the rural indebtedness in Punjab’s predominant agrarian economy touching Rs 80,000 crore, each rural household in the state is under a debt of an average Rs. 8 lakh. Or simply put, 89 per cent of the 10.53 lakh households in Punjab are under debt. This also shows how rural indebtedness in...
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