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Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan

-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

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Agent's apple growers don't get fruit of labour-Sandeep Pai

-DNA You may be cursing when you pay a high price for Kashmiri apples, wondering what share of the moneyorchard owners would receive. But in reality, the apple growers wouldn't be even knowing the price at which the fruit is sold in the mainland, leave alone reaping profits. Then, where does the money go? Into the pockets of commission agents, who, sitting in Delhi or any of the major cities, exploit and...

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Farmers' bodies flay food security Bill

-The Financial Express Leading economists who fear that the cost of the food security law on the exchequer would be much higher than estimated by the government have a seemingly unlikely ally - farmers' groups. A couple of national-level farmers' organisations have opposed the National Food Security Bill, saying it would "lead to nationalisation of agriculture by making the government the biggest buyer, hoarder and seller of foodgrains". Farmers' representatives from a...

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Kisan Khet Mazdoor Mahapanchayat to defend land and agrarian livelihoods 18 March 2013, Jantar Mantar, New Delhi

-National Alliance of People’s Movements A historic mobilization of more than 1 lakh farmers, farm workers and agrarian masses belonging to a wide variety of social movements from across India descended upon New Delhi today. Protestors at the 'Kisan Khet Mazdoor Mahapanchayat'  came to show their collective commitment towards getting the government’s attention to reverse the grave agrarian crisis caused by liberalization reforms supporting foreign investors, corporations; reforms that support elite...

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Farmers descend on Jantar Mantar with a slew of demands -Gargi Parsai

-The Hindu They vow to stay put in Delhi till their demands are met Reeling under price rise and dipping returns for their produce, thousands of farmers from all over the country poured into the capital on Monday to start a mahapanchayat, demanding, among other things, a farmers’ income commission to guarantee a minimum livelihood income. Opposing diversion of farmland for other purposes, they wanted the government to impose a moratorium on land...

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