-Livemint.com Farmers from Punjab and Haryana are well prepared for a long haul after occupying highways leading to the national capital New Delhi: Hundreds of thousands of farmers from Punjab and Haryana have stationed themselves at Delhi’s doorstep leading to an unprecedented standoff between the centre and farmer unions. In the past few years, farmer protests in Delhi were largely a day or a two-day event packed with speeches demanding loan waivers...
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Women farmers worst hit by anti-farmer laws: National Women’s Organisations
-SabrangIndia.in The group of leading womens’ organisations write open letter to PM Modi; will soon hold nationwide protests against the “ruthlessness exhibited by the Union government” National women’s organisations have written an open letter to Prime Minister Narendra Modi demanding that the government stop repressing the farmers’ legitimate and peaceful protests immediately. They have asked that all cases imposed on the struggling farmers and leaders of the farmers’ organisations be withdrawn and...
More »Celebrating Diwali during a downturn -Sayantan Bera
-Livemint.com * A field report from the agriculturally prosperous heartland reveals a lacklustre festival of lights * Delay in Farm Loan Waivers has worsened farmers’ credit score. So, financiers are unwilling to advance new loans to them for buying farm equipment SRI GANGANAGAR: "How are you going to celebrate Diwali?" My question gets Roopa Ram, an elderly farmer, so amused that he thinks it’s important to do some explaining to a reporter from...
More »RBI panel questions efficacy of populists schemes for farmers, in favour of more structural changes -Atmadip Ray
-The Economic Times The group is also in favour of revising the sub-target for small and marginal farmers to 10% from the existing 8% of adjusted net bank credit with a roadmap of two years. KOLKATA: A Reserve Bank of India working group on agricultural credit has questioned the efficacy of populist measures such as debt waiver and interest subsidy on crop loans, while suggesting a slew of structural changes to boost...
More »Dip in tractor sales indicate further deepening of rural distress
In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
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