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Punjab elections: The cycle of debts and farmer suicides blight India's grain bowl -Binayak Dasgupta and Gurpreet Singh Nibber

-Hindustan Times Hamirgarh/ Dhanaula/ Chandigarh: Gurpreet Singh and Sandeep Duggal have more than 350 friends on Facebook. At 19, Gurpreet’s profile clearly gravitates to pictures of youth – astride an Enfield motorcycle, one with a friend in the corridors of a college, and the quintessential selfie with sunglasses. Duggal’s is more subdued. In a black-and-white profile photograph, he smiles with arms folded, exuding the confidence of a young man who identifies himself...

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Amartya Sen, Nobel Laureate and economist, speaks to Suvojit Bagchi (The Hindu)

-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...

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Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes

-The Financial Express In Madhya Pradesh’s tribal districts of Dewas and Khargone, the NGO, Samaj Pragati Sahayog, discourages cash transactions for agricultural inputs. The interest rates are usurious and vary according to commodities. For fertiliser, it is dheda—loan for the stuff has to be repaid 1.5 times over by the end of the harvest season. For pesticides it is sawa, or 1.25 times. Even barter can be extortionate. One quintal of...

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Demonetisation, farmer suicides, and the Union budget -Roshan Kishore

-Livemint.com Crash in farm prices could accentuate bankruptcy, which was the biggest reason for farmer suicides in 2014 and 2015 After two successive years of drought, 2016 was turning out to be a relatively better year for farmers till 8 November. The decision to scrap high-value currency notes, announced on that day, seems to have hit the farm sector the hardest. While credible and timely data on farm incomes and output is hard...

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Subsidy to farmers is misfiring, finds study -Mihika Basu

-Bangalore Mirror ICAR researchers say subsidised electricity benefitting only medium and large farmers Stating that the policy decision to provide free or subsidised electricity has been a key driver for widespread groundwater exploitation, estimates by ICAR-Indian Institute of Soil and Water Conservation, Research Centre, Ballari, reveal that in Karnataka, groundwater depletion has forced farmers to drill up to depths of 200 to 300 metres, costing about Rs 2.5-3 lakh for a successful...

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