-Hindustan Times Interventions such as loan waivers or MSP revisions can at best offer temporary succour. At worst, they deflect attention from the real issues behind the crisis that has been in the making for long On March 14, 2007, when 14 farmers died in a clash between villagers and police forces in Nandigram of West Bengal over acquisition of land for an industrial project, few had imagined it would mark a...
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'Tur' farmers in Maharashtra remind Modi of his 'chai pe charcha' promise -Abhiram Ghadyalpatil
-Livemint.com At some 200-plus tur procurement centres in Maharashtra, where Nafed had agreed to purchase the crop till 31 May, the desperation of thousands of farmers represent all that is wrong with government intervention in the agriculture market Wardha, Hinganghat (Vidarbha): Santosh Borkute, a cotton and tur cultivator in Amla village of Wardha district in Vidarbha region, has learned from Marathi newspapers that the Narendra Modi government has completed three years in...
More »The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta
-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...
More »Maharashtra: Can pledge loan scheme help tide over 'tur' crisis? -Abhiram Ghadyalpatil
-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse. Timely government intervention...
More »Decoding the Agony of the Indian Farmer -Nilanjan Banik
-TheWire.in Statistical analysis suggests that farmers in states that have amended the Agricultural Produce Market Committee Act are less likely to commit suicide, but further reforms are needed to reduce the incidence of farmer suicides across the country. Every summer, it is the same old story: drought and farmers committing suicide in India. Between 2012 and 2015, over 10,000 farmers killed themselves. Farmer suicides are a major cause of political contention, despite...
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