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Rural India loses steam: Demand for tractors, agriculture machinery, durables decline as income falls, prices rise

-The Economic Times   In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda.  Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...

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Distress and death by Suhrid Sankar Chattopadhyay

West Bengal: An agrarian crisis looms over the State as farmers commit suicide in spite of a bumper crop. THE topic of suicide figured repeatedly in Safar Molla's conversations with his neighbours a few days before his death. The 18-year-old marginal farmer from Kaltikuri village in Bardhaman district's Bhatar block talked about it quite casually, in fact even jocularly. Everybody in the village knew he was up to his neck in...

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Farmers' kin upset over West Bengal's refusal to acknowledge suicides by Ananya Dutta

“Believe me, I am not making any of this up,” insists Asim Saha brother of Amiya Saha, who killed himself after consuming a bottle of pesticide a month ago after failing to find buyers for the paddy he had harvested, when he speaks of the events that occurred on the fateful night and the paddy that remains unsold at their home in Rajpur village in the West Bengal's Bardhaman district. The...

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Rice bowl turns bare for farmers in West Bengal by Ananya Dutta

Baishakhi Ghosh sits at the threshold of her home at Kauri village in Bardhaman district with her new-born son, but breaks into tears as her mother feeds her a sweetmeat — part of the rituals of bringing her first grandchild to the home for the first time. Alternating between wailing and consoling each other, the women of the household of Bhootnath Pal, a farmer who was found hanging from the...

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Time to end West's farm subsidy as a condition for funding European bailouts: Swaminathan A Aiyar

-The Economic Times   The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone.  But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...

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