-Business Standard Green revolution pioneer now marked by rising rural despair, with high costs and low incomes pushing a mass of small cultivators into a debt trap Chandigarh: Fifty eight and counting…the number of farmers' suicides in Punjab in the past three months due to agrarian distress is alarming. Maharashtra, Punjab and Telangana top this grim list, the Union government informed Parliament last week. Rainfed states are in a crisis due to two...
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Drought pushes farmers to the brink in Bundelkhand -Omar Rashid
-The Hindu Swathes of land lie unused; peasants migrate or take their own lives as the crippling water crisis shatters their hopes. BUNDELKHAND: On the night on March 27, Musru Prajapati was up as usual, keeping vigil in his field at Khurhand village in Banda, Uttar Pradesh. Three consecutive droughts, with bouts of hailstorms and unseasonal rains, had dented his morale. He wanted to defend whatever little crop he managed to grow...
More »Chained to debt in life and death -A Narayanamoorthy and P Alli
-The Hindu Business Line The only way this story of the Indian farmer will change is if policymakers ensure better remuneration for them The peasant (in India) is born in debt, lives in debt, dies in debt and bequeaths debt. This is what Sir Malcolm Darling, a famous British researcher and writer, wrote in 1925 after studying the condition of undivided Punjab’s peasants. Had Darling been alive today he would have rephrased his...
More »Bundelkhand famine: 18 lakh people migrated to Delhi alone in 1 year -Rupashree Nanda
-CNN-IBN Unable to bear the famine at least 18 lakh people have migrated out of Bundelkhand to Delhi alone during the past one year, sale of train tickets from the region suggest. Figures available from ten major railway stations in drought-hit Bundelkhand showed, that between April 2015 and March 2016, nearly 18 lakh people -- which is about 10% of the population -- bought tickets for unreserved compartments in trains going to...
More »Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
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