-Hindustan Times Pradeep Sharma, the farmer from Nagla Nathu village in Agra’s Baroli Aheer area, also alleged corruption in the agriculture department with regard to the Crop insurance. Lucknow: An Agra-based farmer, who could save a mere Rs 490 after selling 19 tonnes of his potato crop, has sent the entire amount to Prime Minister Narendra Modi by money order as a protest. Pradeep Sharma, the farmer from Nagla Nathu village in...
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West Bengal: New schemes to provide Rs 2 lakh compensation for farmers' deaths, says Mamata Banerjee
-Scroll.in The chief minister said the ‘Krishak Bandhu’ schemes are expected to benefit over 72 lakh farmers in the state. West Bengal Chief Minister Mamata Banerjee on Monday announced schemes for farmers, months ahead of the 2019 Lok Sabha elections. Banerjee said that the state government will pay the premium on Crop insurance schemes and will give farmers Rs 5,000 per acre annually, ANI reported. In case a farmer between the age of...
More »Lifelines beyond farm loan waivers -Kirankumar Vissa
-The Hindu In addition to reforming the credit system, agriculture should be made profitable Rural agrarian distress is firmly at the centre of the national discourse today, triggered by the recent Assembly election results in the Hindi heartland as well as continuous farmer agitations in the past two years (picture). Just a month ago, the farmers’ march in Delhi highlighted the reality of their deprivation, anger and resolve. Quite remarkably, their presence...
More »Fasal Bima Yojana: Farmers' Distress is Source of Profit for Companies -Subodh Varma
-Newsclick.in The Modi government paid Rs.34,859 crore and farmers paid Rs.7,255 crore to insurance companies in three crop seasons. Among the series of schemes launched (or repackaged) by the Narendra Modi-led National Democratic Alliance government, one of the most toxic is the Pradhan Mantri Fasal Bima Yojana (PMFBY). Its purpose is to provide Crop insurance to farmers, that is, if the crop fails due to some non-preventable reason, such as weather calamity...
More »An outstanding alternative to farm loan waiver -Suman Layak
-The Economic Times The world is no stranger to farm debt crises like the one India is seeing today. Back in the 1980s, the Canadian parliament enacted a law to stop foreclosures on farm debt, after prices collapsed and interest rates jumped to as high as 24%. The law was in force for a dozen-odd years. It identified insolvent farmers, facilitated agreements between the borrowers and lenders, and helped some farmers move...
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