-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...
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Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan
-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...
More »A field of her own -Tarini Mohan
-The Indian Express Advancing rights of women farmers can revolutionise the rural ecosystem The stereotypical image of an Indian farmer is a mustachioed man, clad in a white dhoti with farming tools in hand. The reality is the Indian agricultural landscape is fast being feminised. Already, women constitute close to 65 per cent of all agricultural workers. An even greater share, 74 per cent of the rural workforce, is female. Despite their...
More »At the Heart of Rural Discontent Is the Creeping Crisis in Household Agriculture -Anirudh Krishna
-TheWire.in A substantial decline in the share of agriculture in a farm family’s income and the lack of quality education has eroded hopes of a better future for a majority of India’s farmers. While the government pays lip service to the image of the Indian farmer – picture the stalwart yeoman, “Bharat,” hefting a wooden plough on his shoulder – in fact, the conditions of farm families have been in secular decline...
More »Think beyond loan waivers -Ramesh Chand & SK Srivastava
-The Hindu Strengthening the repayment capacity of farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...
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