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How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J

-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...

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A subsidy and some questions

-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...

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Tribal Priestesses Become Guardians of Seeds in Eastern India -Manipadma Jena

-IPS News NIYAMGIRI: As the rhythmic thumping of dancing feet reaches a crescendo, the women offer a song to their forest god for a bountiful harvest. Then, with earthen pots on their heads and their spiritual creatures – a pigeon and a hen – in tow, they proceed in single file on a long march away from their village of Kadaraguma, located on the Niyamgiri mountain range in the Rayagada District of...

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Project without a plan -Jitendra

-Down to Earth After two budgets and Rs 5,300 crore in funding, the Centre's micro irrigation project that promises water to every farmland is not even close to a roll-out The news of deficit monsoons this year has once again left the Centre worried. A concerned prime minister chaired a high-level meeting on June 8 where he emphasised the need to quickly augment the irrigation capacity of the country. But he conveniently...

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1 in 3 farmer suicides in Vidarbha over Rs 10,000 debt: Study -Kunal Purohit

-Hindustan Times Mumbai: Just how much debt does it take for a farmer in the Vidarbha region of Maharashtra to take the extreme step of killing himself? The shocking findings of a new study reveal it could be as little as Rs 10,000. Days after fresh data from the National Crime Record Bureau (NCRB) revealed that Maharashtra has the highest number of suicides by distressed farmers among all states, a new analysis...

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