-The Hindu Business Line A study of Farmer Producer Organisations in Bihar show mixed results — some successes but several challenges too The government has this lofty goal of doubling farmers’ income by 2022. Among the different instruments to achieve this goal, promotion of new and scaling up of existing Farmer Producer Organisations (FPOs) have been given focus. Given the extremely small landholdings, FPOs, through collectivisation, which leads to economies of scale, are...
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Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch -Sunny Verma & Sandeep Singh
-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...
More »Many faces of Maharashtra's agrarian crisis -Ketaki Ghoge
-Hindustan Times Both, the farmers who undertook the march and those who went on strike, represent the wide spectrum of the state’s ongoing agrarian and rural distress. Last year, on June 1, thousands of farmers in Maharashtra went on an unprecedented strike, refusing to sell their produce to markets and cutting off supply of daily necessities – milk, vegetables and fruits – to cities. The two-day strike forced the Devendra Fadnavis-led...
More »Vijoo Krishnan, Joint Secretary of All-India Kisan Sabha (AIKS), interviewed by Chandrakanth Viswanath (News18.com)
-News18.com When over 50,000 farmers in Maharashtra marched towards Mumbai with similar demands on Sunday, they followed Vijoo Krishnan, a man hailing from a small hamlet in Kerala's Kannur, which has turned out to be a great source of inspiration to the millions of Communists in the state. On December 20, 1946, in Karivelloor, a small village in the northern part of Kerala — then called Malabar, which was a part of...
More »New edge to agrarian distress: Why demands are more than loan waiver -Kavitha Iyer
-The Indian Express Large numbers of the tribals who have gathered in the Mumbai are not seeking a loan waiver, but the implementation of the vision envisaged in Forest Rights Act, a legislation enacted by Parliament in 2006. The nearly 40,000 sunburnt and dusty men and women waiting patiently in an open ground in Mumbai on Sunday night tell the story of the continuing gloom in Maharashtra’s farmlands more succinctly than the...
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