-TheWire.in Figures highlighted in an RTI reply cut to the heart of a debate over the government’s assertion to count Mudra loan beneficiaries as employed. New Delhi: Struggling to deliver on the poll promise to create one crore jobs a year, the Narendra Modi government and the BJP may have found a face-saver in the flagship self-employment Mudra scheme, launched under the Pradhan Mantri Mudra Yojana (PMMY) in 2015. However, three years in,...
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A Comprehensive Guide From RBI on How 'Not' to Lend to Farmers -Bodapati Srujana
-Newsclick.in This might help understand why there is a huge gap between the amount of loans banks claim they have given to the farmers and the amount that is actually received by the farmers. If you ever find yourself with time on your hands, and don’t know what to do with it – here is something that you can do. Just go to the website of Reserve Bank of India, and search...
More »Away from the jallikattu row, a drought-hit villager in Tamil Nadu starts selling her cattle -Vinita Govindarajan
-Scroll.in In a harvest-less January, the state's farming community can only count its losses. We’re here to ensure the well-being of Tamil Nadu’s farmers. That refrain was heard repeatedly last week as protestors across the state demanded that the ban on the bull-taming sport of jallikattu. The exertions through which the bulls were put, allowed farmers to identify the most virile animals, the argument went, and was vital for ensuring the survival...
More »In 80% farmer-suicides due to debt, loans from banks, not moneylenders -Deeptiman Tiwary
-The Indian Express It’s for the first time that the NCRB has categorised farmers’ suicides due to debt or bankruptcy based on the source of loans. Local moneylenders are usually portrayed as the villains in India’s farmer-suicides narrative, but government data shows that 80 per cent of farmers killed themselves in 2015 because of bankruptcy or debts after taking loans from banks and registered Microfinance institutions. According to National Crime Records Bureau’s latest...
More »The Liquid Alternative: The ultimate antidote to farmers' debt woes - dairying -Harish Damodaran
-The Indian Express Again, going by NSSO data, while 11.9 per cent of an average Indian agricultural household’s monthly income comes from “farming of animals”, it is well over 24 per cent for Gujarat. Gujarat has a relatively low per agricultural household debt of Rs 38,100, as against the all-India average of Rs 47,000, according to the National Sample Survey Office’s (NSSO) data for 2012-13. Also, 79.2 per cent of the state’s...
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