-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast growth in the income of non-farm...
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Telangana is Proof Farm Loan Waivers Aren't a Long-Term Solution -Siraj Hussain
-TheWire.in The government has to evolve policies suitable to a particular state and fine-tune them according to local needs. ‘Nothing succeeds like success,’ first written by Sir Arthur Helps in Realmah in 1868, is going to guide political parties while they draft manifestos for the next parliamentary election. It seems that the Rythu Bandhu (RB) scheme – also known as the Telangana model of direct investment support (DIS) to farmers – has...
More »Farm crisis deepens in Karnataka, 156 talukas declared drought-hit -Sharan Poovanna
-Livemint.com Reeling under intense dry spell, state recorded 49% rain?deficit, says regional?disaster monitoring centre Bengaluru: The Karnataka government on Wednesday declared 156 out of the 176 talukas of the state drought hit in the wake of a failed northeast monsoon. This has added to the growing call for the speedy implementation of the farm loan waiver to mitigate the deepening agrarian distress. The declaration comes months after several districts of the state...
More »In election year, farmer on centrestage -Harish Damodaran and Parthasarathi Biswas
-The Indian Express The new year could witness the first national elections being fought on farmers’ issues. And it could test both the ruling BJP pushed to the defensive, particularly in the larger sugar-producing states, and the Congress under pressure to deliver loan waivers If 2017 saw the beginnings of agrarian unrest in large swathes of the country, 2018 brought it centrestage as the numero uno political issue. And almost everyone’s...
More »Going Beyond Loan Waivers, Odisha Announces Farm Scheme Worth Rs 10,000 Crore
-TheWire.in With the Krushak Assistance for Livelihood and Income Augmentation scheme, Naveen Patnaik has likely scored an electoral point over the BJP and Congress. New Delhi: Odisha chief minister Naveen Patnaik – who is seeking a record fifth term in office – introduced a farming assistance scheme worth more than Rs 10,000 crore on December 21. Believed by many to be a measure to counter the larger political rhetoric around farm loan...
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