-The Hindu Business Line It scores over loan waivers as it benefits all farmers and gives them more control over the cultivation and sale of their produce There is an illusion across various quarters that a one-time farm loan waiver can remove all the hardships farmers have been going through over the last 15 years or so. This illusion has been occupying more space in public discourse in recent months because of...
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Jean Dreze, the Belgian-Indian economist, interviewed by Ujjawal Krishnam (National Herald)
-National Herald Well-known Belgian-Indian economist Jean Drèze, reflects on the times we live in this animated conversation with Ujjawal Krishnam Jean Drèze, the Belgian-Indian economist, true to his reputation, laces humour and an acerbic wit to reflect on the times we live in. Self deprecating, he brushes aside the question how he juggles between his roles as economist, activist and teacher. He wonders at the multi-tasking ability of Indian women instead. Nor...
More »Examining farm loan waivers -R Ramakumar
-The Hindu The solution lies in better schemes that ensure universal coverage for small, marginal and medium-sized farmers To do or not to do? According to reports, the Central government is discussing a scheme to waive outstanding farm loans in the aftermath of widespread farmers’ protests between March and December 2018 . Till now, at least 11 States have announced schemes to waive outstanding farm loans: Madhya Pradesh, Uttar Pradesh, Karnataka, Tamil...
More »Tenant farmers being left high and dry -B Yerram Raju
-The Hindu Business Line It is vital to cover the important and vulnerable section of tenant farmers with credit and insurance Tenant farmers rarely get bank credit. They don’t get any subsidies. Money lenders thrive on them because their loans cannot be waived. They also account for 80 per cent of farmers’ suicides in the country. With farmers taking to the streets to highlight their issues these problems should be addressed. State level...
More »Remove shackles on agricultural prices
-The Economic Times blog As policymakers debate what form of income support will cure India’s extensive farm distress, we have a study whose insights suggest that the right policy has to look beyond ratcheting up support prices to unsustainable levels and cash transfers to farmers. Agricultural policy is deeply flawed and calls for structural reform. This crisis can no longer be contained with band-aid. It calls for proper diagnosis and remedy. Such...
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