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Rajasthan farm loan waiver: Villagers who didn't take loans named as beneficiaries, probe on -Deep Mukherjee

-The Indian Express According to the Cooperative Department website, the three societies, which are currently under investigation, have waived loans of 3,073 farmers. Jaipur: Several residents of Govadi village in Rajasthan’s Dungarpur district on Saturday discovered that they were beneficiaries of the farm loan waiver announced by the previous BJP government in the state. However, the realisation soon led to confusion among the residents as they had never taken an agricultural...

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Farm loan waivers are not the panacea -Anjani Kumar & Seema Bathla

-The Hindu Business Line The Centre and States must eschew the politically expedient option of loan waivers and look for long-term solutions The sweeping wave of loan waivers has generated serious debates across the country on their economics and likely outcomes. Till date 12 States have announced loan waiver amounting to more than Rs.2 lakh crore. Loan waiver cannot be a solution to address the agrarian crisis, instead the government must look for...

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Fundamental flaws in crop insurance scheme's design makes it ineffective -Devinder Sharma

-Livemint.com The government did not visualize there were problems in the way it was designed, the methodology itself was faulty Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship programme launched with much fanfare in 2016, has run into rough weather. With both the area covered and the number of enrolled farmers declining, the country’s premium crop insurance scheme is certainly in need of an overhaul. While Parliament’s committee on estimates, chaired by senior...

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Farm loan waiver: How to nip it in the bud -Naveen P Singh

-The Economic Times Despite substantial increase in agriculture production and productivity levels over the years, farmers’ indebtedness has not changed significantly. According to the National Bank for Agriculture and Rural Development (Nabard) All India Rural Financial Inclusion Survey (Nafis) 2016-17, 52.5% of agricultural households were indebted. Considerable efforts have been taken in channelising institutional credit to farmers and raising farm credit disbursement targets, with allocations increasing by Rs 1 lakh crore in...

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'A silent green revolution is still on in the country' -TV Jayan

-The Hindu Business Line Silencing the critics of Indian green revolution, who have been arguing that its achievements were short-lived and that a fatigue had set in a long ago, a senior Indian Council of Agricultural Research (ICAR) official on Friday said there is ample proof to show that the country is still going through a green revolution which is rather a silent one. The productivity gains of Indian agriculture in the...

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