-Scroll.in While officials say waivers could jeopardise allocation for other key sectors, farmer unions and economists feel it is a necessity given the farming crisis. Developments in three states over the past week have brought the debate on the waiver of farm loans back under the political spotlight. In Uttar Pradesh, the newly-elected Bharatiya Janata Party government under Chief Minister Adityanath announced on Wednesday that it would write-off crop loans of up...
More »SEARCH RESULT
Total Matching Records found : 4645
Prelude to a contagion -Ashok Gulati & Siraj Hussain
-The Indian Express UP’s farm loan waiver could prompt other states to follow suit, evade real reasons for agricultural distress The new Uttar Pradesh Chief Minister, Yogi Adityanath, has hit the ground running. In his first cabinet meeting, he took three important decisions with regard to farmers. First, he waived farm loans of more than Rs 36,000 crore, primarily of the small and marginal farmers who comprise 92 per cent of the...
More »SC asks Centre, six states to respond on gau rakshaks, action against groups
-The Indian Express The batch of PILs has sought directions to various state governments as well as the Centre “to take immediate and appropriate actions against the vigilantes, who in the garb of Gau Rakshak Dals (cow protection groups) had been spreading violence..." BARELY A week after a man was killed, allegedly by ‘gau rakshaks’ (cow protectors), on suspicion of transporting cows in Alwar, the Supreme Court Friday sought responses from the...
More »Vulnerable tribes: lost in a classification trap -Shiv Sahay Singh
-The Hindu A recent Anthropological Survey of India (AnSI) publication has brought to the fore startling revelations about the Particularly Vulnerable Tribal Groups (PVTGs) in the country inc- luding the fact that no base line surveys have been conducted among more than half of such groups. “Our findings revealed shocking facts, of the 75 PVTGs, base line surveys exists for about 40 groups, even after declaring them as PVTGs,” states the publication:...
More »Farm loan waivers a bad idea: RBI governor Urjit Patel
-The Times of India MUMBAI: Reserve Bank of India governor Urjit Patel has sounded the alarm on state governments waiving farm loans and has called for a consensus on eschewing them to avoid damaging the national balance sheet. Uttar Pradesh chief minister Yogi Aditya Nath recently announced a Rs 36,000-crore farm loan waiver, which could trigger copycat decisions by the Punjab and Maharashtra governments. "It undermines honest credit culture, it impacts credit...
More »
