-TelanganaToday.news Promotion of small farmer economy will help escape the six-decade-old crisis and boost the sector in State Agriculture in Telangana, particularly being carried out by small and marginal farmers, is poised for a rapid transition in the coming years. More so, after the historical announcement of a major policy on promotion of small farmer economy by Chief Minister K Chandrashekhar Rao at the recently-held plenary. The first full-scale Budget of 2015-16 addressed...
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In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman
-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...
More »Rahul farmer salvo -Sanjay K Jha
-The Telegraph New Delhi: Rahul Gandhi today asked the BJP "not to play politics with farmers" by waiving loans in Uttar Pradesh alone as agrarian distress was a national crisis and the Centre should come up with a "national" response. Although Rahul described the Uttar Pradesh government's decision as a "step in the right direction", he alleged inaction by the Narendra Modi government by tweeting: "I am happy the BJP has finally...
More »Droughts, floods, and suicides: What Bihar can teach Maharashtra and other states -Sanjiv Phansalkar
-VillageSquare.in A deeper dive is needed to draw insights from the low prevalence of farmer suicides in Bihar than in more developed regions of India such as Maharashtra, Tamil Nadu, and Andhra Pradesh Suicide is among the most important antecedents of death in India, perhaps equaling, if not exceeding, road accidents. The better-developed and governed states of Kerala, Tamil Nadu, Puducherry and Andhra Pradesh show a higher incidence of suicides (number of...
More »Does the Banking System Really Want to Help Farmers? -Devinder Sharma
-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
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