-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of farm loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....
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Poverty: The direct approach isn't always best -Bjorn Lomborg & Manorama Bakshi
-Livemint.com It is important to give preference to those approaches that help the poor the most for every rupee spent, no matter how they are labelled Sometimes in life, it is clear that the direct approach isn’t the best one. This is true in many areas, even when it comes to policymaking. Take, as an example, the area of extreme poverty. It seems logical, at first, that the most effective response should...
More »Unseen victims of farm distress -TV Jayan
-The Hindu Business Line Kota Neelima digs into farmer suicide cases to chronicle lives often labelled as collateral damage In last November, when All India Kisan Sangharsh Coordination Committee, an umbrella organisation of around 190 farmer groups from across the country, organised a Kisan Mukti Sansad in Delhi, there was one event that moved almost everyone of thousands present there. About two dozens children of those farmers who had committed suicide in...
More »Budget is depressive, will lead to more farmer suicides: Experts -Anju Agnihotri Chaba
-The Indian Express Sukhdev Singh Kokari Kalan, general secretary of BKU (Ugrahan), said that Captain Amarinder Singh had not fulfilled his promise and the policies he is bringing in the budget is ‘suicidal’ for the farmers. Jalandhar: The farming community, which is under acute depression due to long goining agrarian crisis, were left disappointed as the Congress government in Punjab announced its second budget Saturday. Experts and farmers of Punjab have...
More »Loan waiver: Cong wants to revive scheme in which CAG punched many holes -Sanjeeb Mukherjee
-Business Standard While ADVVDRS was hailed as a key reason for UPA's return to power in 2009, the scheme itself later drew flak for its flaws, with CAG finding many of the accounts ineligible for waiver or relief In order to help the country’s small and marginal farmers, the Congress party has promised to bring a nationwide loan waiver scheme on the lines of its 2009 programme, should the party be voted...
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