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Maharashtra: Doubts loom over bank loans, may hit over three lakh farmers -Partha Sarathi Biswas

-The Indian Express The Maharashtra Gramin Bank has written to the district collectors of eight districts expressing inability to disburse crop loans for the upcoming kharif season. Mumbai: The prediction of a good monsoon may not be enough to bring cheers to farmers of Marathwada, as questions are being raised over disbursement of crop loans in the region. The Maharashtra Gramin Bank has written to the district collectors of eight districts...

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It’s not just farmers, Marathwada businesses too roiled by drought -Abhiram GhadyalPatil

-Livemint.com Automobile, construction industry, steel manufacturing, pharmaceuticals, breweries, and distilleries key sectors in Marathwada. Latur is major centre for production of pulses, oilseeds Latur, Maharashtra: Nilesh Thakkar, managing director of Maharashtra Biofertilizers India Pvt. Ltd (MBF), has virtually turned the Latur headquarters of India’s top organic fertilizer company into a campaign office. This is the office from where he runs Jalyukt Latur, a public campaign to revive the Manjra River nearby. And Thakkar...

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The circle of economy, the cycle of drought -Sharad Vyas

-The Hindu Drought has devastated once-prosperous Latur. In this two-part series Sharad Vyas (text) and Vivek Bendre (photographs) report from the parched district. Latur: The water train chugging into Latur last week captured national attention. But it took the spotlight away from the daily struggle of lakhs of people facing the immediate consequences of extended drought and acute water scarcity in Latur district. The vagaries of nature have already taken their toll:...

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Marathwada's drought: Region is parched, impoverished and desperate, but it's a crisis of its own making -RN Bhaskar

-FirstPost.com Maharashtra is a state full of contradictions. It is a state rife with more inequality than most. And it is a state where each territory tries to exploit, and ends up feeling exploited. The cries for water and the spurt in suicides in parched Marathwada are just some of the sharp manifestations of the rot that threatens to tear the state apart. Maharashtra has almost 20 percent of its population living on just...

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Limited outreach of subsidised crop loan scheme among small & marginal farmers

The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

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