What’s Going Wrong? * Market intelligence remains a weak link; farm policies rarely reflect correct scenario * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...
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Farmers' suicides reflective of death of rural banking by G Arun Kumar
Since the beginning of December last, 220 tenant farmers in the state have committed suicide or died of shock, crushed by mounting debts and loss of crops. Overall, the farmer death toll stands at a staggering 350-400. Though the fickle weather wreaked havoc, experts believe it's only partly to blame as several other factors have worked against the farming community. While economic expansion continues to bypass the farming community leaving...
More »Rains drown India’s crop estimates, stoke inflation by S Sujatha & Jayashree Bhosale
From onions, sugar and coconuts, to tea, pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...
More »Farmers' plight: Cong seeks Central monitoring panel
Demanding waiver of farm loans of rain-hit farmers in Orissa and relaxation of paddy standard for procurement, the Congress on Sunday asked the Centre to form a monitoring committee to supervise utilisation of its assistance for the distressed farmers. The Centre should form a committee to monitor and supervise utilisation of its assistance for the farmers whose crops have been damaged due to untimely rains in Odisha, Odisha Pradesh Congress Committee...
More »Shocked by meagre compensation, farmer dies in bank by M Venkateswara Rao
A farmer died of broken heart over meagre assistance that he got from the government for the crop loss he suffered two years ago. Venna Peddaseshi Reddy (50) of Peddagarlapadu village, 15 km away from here, raised paddy, cotton and red chilli on two acres of his own land and two more acres on lease as a tenant. He lost all the three crops due to the rains in October and...
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