-IANS West Bengal Chief Minister Mamata Banerjee Friday conceded that there were 'debt-ridden peasants who contemplated committing suicides'. 'There are many farmers who take loans from money lenders at high interest and when they are unable to repay the money, they contemplate suicide. Do not give up life like that, life is most valuable,' said Banerjee, after giving Kisan Credit Cards to farmers here in the South 24-Parganas district, about 150 km...
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More cases of 'wilful' default on bank loans by farmers
-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...
More »We mean Business: Why is farm sector in distress?
NDTV speaks to experts - M S Swaminathan, Devinder Sharma, Alok Sinha, Naresh Gujral, T Haque, K K Narayanan and Sharad Joshi about the lack of storage affecting the farm sector after a bumper harvest with a record production of grains, leading to a rise in farmer suicides. The question remains, is there a way out? ...
More »‘53 farmers committed suicide in one year'-Ananya Dutta
On a day the Trinamool Congress celebrated the first anniversary of the announcement of the 2011 Assembly polls results, Communist Party of India (Marxist) general secretary Prakash Karat said here on Sunday that there has been an average of one farmer suicide every week since Chief Minister Mamata Banerjee's government came to power in West Bengal. “Up to 2011 in States like West Bengal and Kerala there was no news of...
More »Dr Peter Kenmore, Veteran agricultural scientist and alumnus of Harvard and Berkeley Universities interviewed by Yogesh Pawar
Veteran agricultural scientist and alumnus of Harvard and Berkeley Universities, Dr Peter Kenmore was in Mumbai for NABARD’s 30th anniversary lecture on ‘Future of Global Agriculture: Challenges and Opportunities for India.’ This United Nations Food & Agriculture Organization India representative spoke to Yogesh Pawar on the current scenario in agriculture. Some excerpts: There’s a lot of churn over GM technology in India. At a time when the country is grappling with...
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