-Outlook Good monsoon or bad, glut or drought, boom or bust...it’s always fair weather for the range of middlemen who come between the farmer and consumer. An anatomy of the trade. One of the axioms of logic is called the Law of the Excluded Middle. Something has to be either true or false—there’s no middle ground. As we all know, economics works a bit differently. Facts can be fickle, data pliable, and...
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For farmers today, grass is 'greener' than rice and pulses -Subodh Varma
-The Times of India Growing grass and selling it in the market may be more profitable than cultivating crops like wheat, rice, pulses or oilseeds. This bizarre conclusion, a reflection of the desperate conditions of Indian farmers, can be reached if one looks at how the value of various crops has changed over the last five years. Between 2011-12 and 2015-16, the total value of cereals and pulses produced in the country went...
More »Crop insurance and the agrarian crisis in India -Sobhesh Kumar Agarwalla and Samir K Barua
-Livemint.com Crop insurance has failed to provide much-needed relief to farmers from destitution With one farmer committing suicide every half-an-hour, the number of farmers who have ended their lives as per official records in India is estimated at over 300,000 over the past two decades. These numbers do not include suicides by agricultural labourers, though they too are victims of the agrarian crisis. As each death affects at least the immediate family...
More »Marathwada farmers face bleak sowing season -Atul Deulgaonkar
-VillageSquare.in Although the Maharashtra government has announced a loan waiver, deeply indebted farmers of Marathwada still do not know how they will get the money to buy farm inputs this sowing season ahead of the monsoon Latur (Maharastra): Barma Mind of Gangapur village in Latur district is a small farmer with 4.5 acres of land. He had taken a loan of Rs 54000 from an agriculture cooperative society in April 2015. Much...
More »Is India faced with a 3.1 lakh crore farm-loan waiver? And will it help?
-IANS As demands for farm-loan waivers grow across Punjab, Haryana, Tamil Nadu, Gujarat, Madhya Pradesh, and Karnataka -- after Uttar Pradesh and Maharashtra wrote off loans worth Rs 36,359 crore and Rs 30,000 crore, respectively -- India faces a cumulative loan waiver of Rs 3.1 lakh crore, or 2.6 per cent of its GDP in 2016-17. A waiver of this scale could pay for the 2017 rural roads budget 16 times over...
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