-The Indian Express The new year could witness the first national elections being fought on farmers’ issues. And it could test both the ruling BJP pushed to the defensive, particularly in the larger sugar-producing states, and the Congress under pressure to deliver loan waivers If 2017 saw the beginnings of agrarian unrest in large swathes of the country, 2018 brought it centrestage as the numero uno political issue. And almost everyone’s...
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Economists should try farming before opposing loan waiver: Chidambaram
-The Hindu Bengaluru: Former Finance Minister P. Chidambaram on Friday said Farm Loan Waiver is “imperative” given the agrarian crisis in the country and the economists critical of the scheme should do farming on two acres of land for 10 years before commenting on it. “Economists who are criticising Farm Loan Waiver must experience what farming is in this country. Take two acres of land and do farming for 10 years and...
More »If you want to help farmers -Ashok Gulati & Prerna Terway
-The Indian Express Loan waivers are poll bait. What is needed is a structured and stable income support policy. The talk of the season on the farm front seems to be loan waivers. Farmer leaders are asking for it and those looking for power are ready to oblige. Newly elected chief ministers of Madhya Pradesh, Chhattisgarh and Rajasthan have all announced loan waivers within their promised time of 10 days. It...
More »Clear bank dues when loans are waived: NABARD to states -Sidhartha
-The Times of India NEW DELHI: Amid a flurry of Farm Loan Waivers, financial institution Nabard has written to states advising them to ensure that dues of banks that actually write-off the loan are immediately cleared to ensure that the credit cycle is not broken. The move follows the experience of several lenders in Andhra Pradesh and Tamil Nadu, where the dues have remained pending although they had written off the loans...
More »Punjab farmers find no solace in Farm Loan Waiver -Sayantan Bera
-Livemint.com The Farm Loan Waiver terms make little sense in Punjab where average landholding is over three times the national average Patiala/ New Delhi: All that Jagdeep Singh wants is a few hours of peaceful sleep. The 24-year-old from Sangatpura village in Punjab’s Patiala district had no clue that the morning of 11 December would change his life forever. At six in the morning that day, he woke up to the sudden...
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