-The Indian Express Subsidy for crop insurance is preferable to fertiliser, power or farm credit. But Centre should bear the full cost for the scheme. A well-conceived and pro-farmer crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — is faced with the prospect of going the fertiliser subsidy way. Just as in the latter’s case, the benefits from subsidy on crop premiums, too, seems to be going primarily...
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Rhetoric no salve for farm distress -PP Sangal
-Financial Express Farmers in India (also in undivided India) have generally been poor, and it has not been only the phenomenon of post-reforms period in Independent India, as believed by some. Yes, now it is becoming worse day by day. Farmers’ distress over the past few years has taken a new dimension so much so that political parties, without exception, are now using it as an opportunity to win elections by...
More »Why KALIA may be better option than loan waiver in supporting big, small farmers
-Financial Express Even as loan waivers are known to help a small number of farmers, Odisha has come up with a farmer-centric scheme which assists farming on a large and secular scale. It comes at a time when a debate on validity of loan waiver is being discussed across the country. KALIA — a farmer-specific scheme launched by the state — includes payments to everyone from big farmers and landless cultivators...
More »'Farm loan waivers against economic principles'
-PTI About Rs. 1.47 lakh crore of agricultural loans are outstanding in Madhya Pradesh, Rajasthan and Chhattisgarh Asian Development Bank (ADB) Country Director Kenichi Yokoyama Friday said farm loan waivers were against economic principles and cannot effectively address the agrarian distress. Yokoyama also advocated for direct transfer of funds to targeted beneficiaries as it would cut down leakages. On farm loan waiver, he said most of the people are sceptical about it as an...
More »P Sainath, acclaimed journalist and Founder-Editor of the People's Archive of Rural India, interviewed by Anuradha SenGupta (News18.com)
-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...
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