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With growing debt and farmer suicides, agrarian crisis in India on the rise

-The New Indian Express As polling season concludes across the country, The Sunday Standard puts an ear to the ground and listens in to the expectations that India has from its next government NEW DELHI: Agrarian irony cries out in Punjab, the food bowl of the country, with farmers’ indebtedness only growing in recent years.    The agrarian irony is marked by overproduction in the face of inadequate price, with lopsided institutional credit,...

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Are farm loan waivers a political gimmick? -Vikas Dhoot

-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...

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PM-KISAN: In UP last stretch, BJP finds some support among farmers -Lalmani Verma

-The Hindu Business Line Launched in February after the BJP’s defeat in three states in the Hindi heartland, the Prime Minister’s ambitious scheme for farmers may help the party in its fight against the SP-BSP gathbandhan in Uttar Pradesh. Ballia, Ghazipur, Jaunpur, Phulpur: Last month, Raj Narayan Rajbhar, a resident of Saimalpur village in Uttar Pradesh’s Ghazipur Lok Sabha constituency, had Rs 2,000 credited to his bank account under the Pradhan...

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Under PM Kisan Scheme, Why is Money Credited Into Some Farmers' Accounts Quickly Deducted? -Dheeraj Mishra

-TheWire.in Documents obtained through RTI requests shed more light on complaints by farmers that money deposited under the PM Kisan scheme was immediately debited by the banks. New Delhi: A right to information (RTI) query filed by The Wire has revealed that crores of rupees credited into farmers’ accounts under the Modi government’s ambitious PM Kisan Samman Nidhi (PM-Kisan) scheme were reversed within a few hours. The BJP has been championing the...

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Food inflation falls to lowest level since 1991 -Surojit Gupta

-The Times of India Average food prices in 2018-19 were almost the same as they were in 2017-18—a phenomenon not seen for at least 27 years. An analysis by credit rating agency Crisil shows food inflation measured by the consumer price index rose only 0.1% in 2018-19. The last time annual food inflation had fallen below 1% was in 1999-2000. Economists attribute low food prices to a string of factors including bumper...

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