-VillageSquare.in People living in villages, who are migrating in large numbers to urban spaces in search of livelihoods, could be victims of our economic development or perhaps the dismal income growth of farm households is semi-deliberate to keep labor costs low Till about 1990 since Independence, our country followed what may be broadly termed an import-substitution strategy for economic growth. This meant high import duties and rigid non-tariff barriers on imports and...

-Livemint.com Farm loan waivers are a bad idea. They were a bad idea in 2008 when the UPA was in power, and continue to be so in 2017 with the NDA in power Several parts of India are in the grip of an agrarian crisis. In part, this is because of the cumulative effect of bad monsoons. Farmers in many parts of India are still dependent on the annual rains which were deficient...

-Scroll.in While officials say waivers could jeopardise allocation for other key sectors, farmer unions and economists feel it is a necessity given the farming crisis. Developments in three states over the past week have brought the debate on the waiver of farm loans back under the political spotlight. In Uttar Pradesh, the newly-elected Bharatiya Janata Party government under Chief Minister Adityanath announced on Wednesday that it would write-off crop loans of up...

-The Indian Express UP’s farm loan waiver could prompt other states to follow suit, evade real reasons for agricultural distress The new Uttar Pradesh Chief Minister, Yogi Adityanath, has hit the ground running. In his first cabinet meeting, he took three important decisions with regard to farmers. First, he waived farm loans of more than Rs 36,000 crore, primarily of the small and marginal farmers who comprise 92 per cent of the...

-The Times of India MUMBAI: Reserve Bank of India governor Urjit Patel has sounded the alarm on state governments waiving farm loans and has called for a consensus on eschewing them to avoid damaging the national balance sheet. Uttar Pradesh chief minister Yogi Aditya Nath recently announced a Rs 36,000-crore farm loan waiver, which could trigger copycat decisions by the Punjab and Maharashtra governments. "It undermines honest credit culture, it impacts credit...