-Newsclick.in The government has chosen not to intervene in the market prices of the seasonal crops, forcing farmers to deal with the debt and the crisis on their own. Despite the Maharashtra government’s farm loan waiver scheme to “settle” the agrarian debts of farmers, the number of farmers committing suicide in the state continues to rise. The state has witnessed a total of 696 farmer suicides in the initial three months of...
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Uttarakhand braces itself for dry days -Saurabh Sharma
-India Water Portal More than 1000 villages of the state are expected to be affected by a severe water crisis. Lokesh Verma, a farmer from Nainital’s Chanfi village, says this is the third year in a row that he is bearing losses in agriculture. “I have lost around Rs 2 lakh and there’s a debt of Rs 70,000 to pay off. I grow strawberries, guavas and peas in my 15 bighas of...
More »Demonetisation 2.0: cash crunch hits farmers, again -Banjot Kaur
-Down to Earth More than creating financial crunch for upcoming sowing season, cash crunch is impacting the prices at which farmers are selling their produce While the Union government is promising that cash crunch in the market would end soon, the farmers have already started feeling the pinch badly. The fears of demonetisation have come back for them. They are in soup because not only is this the harvest season, but also...
More »Why farm deflation is essentially a problem of liquidity -Harish Damodaran
-The Indian Express The main problem for farmers today is not production or having sufficient crop to sell. Instead, it has to do with prices that they are getting for their produce. The Met Department has forecast a third-in-a-row “normal” south-west monsoon this year, thanks to the very low probability of an El Nino event — the abnormal warming of the equatorial eastern Pacific Ocean waters, which is known to adversely impact...
More »'Chana farmers to lose Rs 6,170 crore' -Jayashree Bhosale
-The Economic Times PUNE: Chana farmers stand to lose Rs 6,170 crore as they have not received the government assured minimum support price (MSP) for a good chunk of their crop, according to the ‘loot calculator’ of Jai Kisan Andolan (JKA), a movement which works for farmers’ rights. The Andolan, launched by Yogendra Yadav founded Swaraj Abhiyan, has gleaned this crop of data based on an expected production of 1,110 lakh quintals...
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