-Livemint.com Taking a cue from election results, political parties may announce more farm loan waivers but this will do little to fix the persistent distress in rural households The drubbing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections in Madhya Pradesh, Rajasthan and Chhattisgarh has proved beyond doubt that all isn’t well in India’s hinterland. An analysis of the poll results in these three states show that the...
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No farm loan waiver: Centre
-The Hindu Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha. On a day when the BJP’s loss in three State elections was partly attributed to rural distress and the Congress’s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard...
More »She is the answer -Bina Agarwal
-The Indian Express Gender equality is key to food security. But policymakers don’t seem to recognise that Countries globally, including India, have agreed to fulfil the Sustainable Development Goals (SDGs), launched by the UNDP in 2016 as “a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity”. Among the 17 goals and 169 targets to be achieved by 2030, SDG 5...
More »Why small, marginal farmers get just 40% of total agri credit -Rajalakshmi Nirmal
-The Hindu Business Line Loan waivers have made banks wary of them; beneficiaries are farm infra/services firms Every year the Centre announces an increase in the agri credit limit, but not even half of this reaches small farmers. Small farmers typically take small loans — of less than Rs. 2 lakh. RBI data show that in FY17, the share of loans of Rs. 2 lakh or less was just 40 per cent of...
More »A very material shift -Sajjan Kumar
-The Hindu Occupational identities are competing with caste and religious identities in Madhya Pradesh The political mood of the people in Madhya Pradesh is complex. To understand voting behaviour only through the prism of caste is an outdated method in this State. In fact, occupational identities resonate across caste and religion. Employing the categories of farmers, labourers, government employees, small businessmen, the urban service classes, and so on helps us understand voter...
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