-The Indian Express To lend a hand to the helpless souls, the Delhi Sikh Gurdwara Management Committee (DSGMC) has opened their kitchen to the farmers who have been in Jantar Mantar for over three months. Over 100 farmers fled from their villages in Tamil Nadu and arrived in Delhi to stage a protest with the skulls of the people who committed suicide. Life is tough for the Tamil Nadu farmers who are...
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Foodgrain output rose 5 times in 60 years but farmers are still distressed -Chaitanya Mallapur
-Business Standard/ India Spend 52% of India's agricultural households are indebted; with an average outstanding loan of Rs 47,000 India’s foodgrain production rose five times over six decades, according to 2016 government data, the latest available. But with the average Indian farm half as large as it used to be 50 years ago and yields among the lowest in developing economies, both the agriculture sector and farmers have been driven to the...
More »Are farmer movements in India changing course? -Sayantan Bera
-Livemint.com Unlike the dhoti-clad, topi-wearing quintessential ‘kisan’, the new Indian farmer is vocal and tech-savvy New Delhi: In the winter of 1988 when the feisty farmer leader from Uttar Pradesh, Mahendra Singh Tikait, laid siege to Delhi with thousands of cultivators and their cattle literally creating a mess of the boat club lawns, agriculture’s share in India’s gross domestic product (GDP) was about 30%. About three decades later, the farm sector’s share in...
More »CAG raps govt-owned banks for understating non-performing assets -Indivjal Dhasmana
-Business Standard Govt told to be consistent on capital infusion criteria The Comptroller and Auditor General of India (CAG) has slammed the managements and statutory auditors of 12 public sector banks (PSBs) for overstating their net profit, by underestimating non-performing assets (NPAs) and under-providing for these bad assets during 2016-17. Also, there were differences in the classification of and provisioning for assets between five banks and the Reserve Bank (RBI) but as the...
More »Rains, tomato crisis: Will farmers be better off buying private insurance? -Subhomoy Bhattacharjee
-Business Standard Farmers are not getting enough protection as states mostly do not pay the premium they should With the rains falling in abundance and tomatoes refusing to do so, agriculture economy experts have a lot to say on what both mean for the sector. Both pose a risk to farmers — of floods and of lack of pricing power. Yet the farmers don't have much to fend those off since agricultural insurance...
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