-Financial Express Farmers in India (also in undivided India) have generally been poor, and it has not been only the phenomenon of post-reforms period in Independent India, as believed by some. Yes, now it is becoming worse day by day. Farmers’ distress over the past few years has taken a new dimension so much so that political parties, without exception, are now using it as an opportunity to win elections by...

-Business Standard Ex Plan panel member also says demonetisation took a huge toll on cultivators and labourers; favours loan waivers, is skeptical about cash support scheme New Delhi:  Former member of the erstwhile Planning Commission, Abhijit Sen, has said that the ambitious aim of doubling farmers’ incomes is impossible target in the period the government has set for it. Addressing an Economics Summit organised by Sri Ram College of Commerce in Delhi,...

-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...

-PTI NEW DELHI: The sudden move to demonetise a bulk of Indian currency in circulation and the deteriorating agrarian distress in the country have exposed the consequences of financial exclusion, said a report released Tuesday. The India Exclusion Report 2017-18, brought out by Centre for Equity Studies (CES), said people's ability to spend, receive wages and survive depended crucially on whether they were part of the banking system or not after 84...

-The Hindu Report concedes that farmers couldn’t buy seeds due to cash crunch. Millions of farmers in India were unable to buy seeds and fertilisers for their winter crops because of demonetisation, according to a report submitted by the Union Agriculture Ministry to the Parliamentary Standing Committee on Finance. This official acknowledgement of the impact of demonetisation comes on a day when Prime Minister Narendra Modi, speaking at a rally in Jhabua, Madhya...