-The Indian Express With a glut in agricultural production, prices have fallen below MSPs. The government needs to get the agri-market right to address the farm crisis The farmers’ protests in Madhya Pradesh (MP) and Maharashtra indicate that all is not well on the economic front, especially agriculture. If such unrest could happen in MP, which claims to have registered the fastest agri-GDP growth at 9.7 per cent per year during...
More »SEARCH RESULT
Farmers block highways in haryana, Rajasthan demanding loan waiver -Harpreet Bajwa
-The New Indian Express CHANDIGARH: Farmers in haryana and Rajasthan blocked highways in haryana and Rajasthan as part of a nation-wide protest against the death of five farmers at Mandsaur in Madhya Pradesh allegedly in police firing. A group of 62 farmers’ unions had announced that it will block traffic for three hours on all national highways across the country on Friday. In haryana, major highways of the state, including National Highway 1...
More »Is India faced with a 3.1 lakh crore farm-loan waiver? And will it help?
-IANS As demands for farm-loan waivers grow across Punjab, haryana, Tamil Nadu, Gujarat, Madhya Pradesh, and Karnataka -- after Uttar Pradesh and Maharashtra wrote off loans worth Rs 36,359 crore and Rs 30,000 crore, respectively -- India faces a cumulative loan waiver of Rs 3.1 lakh crore, or 2.6 per cent of its GDP in 2016-17. A waiver of this scale could pay for the 2017 rural roads budget 16 times over...
More »Waiving farm loans is not only bad for the economy but also detrimental to interests of the farmer -Ram Singh
-The Economic Times blog Farmers, from Punjab in the north to Tamil Nadu in the south, have started agitations demanding farm loans be waived. The Uttar Pradesh and Maharashtra governments have already considered it politically expedient to write them off. Some other states may follow the suit. However, such decisions are as misguided as they are misleading. Nonetheless, it will be a mistake to treat the agitations as a domino effect of...
More »For now, rains may skip central India: IMD -Neha Madaan
-The Times of India PUNE: The India Meteorological Department (IMD) has found the behaviour of the monsoon this year to be "peculiar", saying this may have been responsible for the delayed onset over central India. "This behaviour of the monsoon is peculiar and may put weather forecasters in a spot while declaring the onset in various parts of the country," an IMD official said. The official, referring to the IMD's latest Operational Extended...
More »