-TheWire.in The Indian farmer is not just a poor, helpless victim who deserves a waiver because he cannot pay. The root cause of the debt trap is that his income has not increased with rising expenditure due to state policies. As Punjab joins the list of states to declare farm loan waivers, the political scales are now heavily tilted in favour of this idea. The government of Telangana, followed by Andhra Pradesh,...
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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 »Punjab 3rd state to waive farm loans, to take Rs 24,000 crore hit
-The Times of India CHANDIGARH: The farm loan waiver fever is spreading across the country, threatening to place a huge additional burden on the already creaking finances of state governments. On Monday, Punjab became the third state this year — after UP and Maharashtra — to announce a total waiver of all crop loans up to Rs 2 lakh for small and marginal farmers (up to 5 acres) and a flat Rs...
More »Punjab waives crop loan of up to Rs 2 lakh for small farmers -Gurpreet Singh Nibber
-Hindustan Times The government plans to cover 10.25 lakh farmers in its waiver scheme, and simple calculation says it involves Rs 20,500 crore. The state has 18 lakh farmers. Of the total, therefore, 56% farmers would be covered. Chandigarh: Punjab chief minister Captain Amarinder Singh on Monday announced crop loan waiver of up to Rs 2 lakh for farmers who own up to 5 acres of agriculture land and a flat relief...
More »In Maharashtra, demand grows for a minimum support price for all farm produce -Abhiram Ghadyalpatil
-Livemint.com In a year when Maharashtra’s agriculture sector recorded a growth of 12.5%, a look at why farmers in regions as distantly located as Nashik and Wardha are up in arms Ahmedabad/ Nashik/ Warda (Maharashtra): Rajendra Borgude, 42, is a prosperous farmer half of whose 50 acre-irrigated farmland goes under grape cultivation. He drives a Nissan Terrano and was able to get a crop loan of Rs12 lakh from Nashik District Central...
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