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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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Nabard Can Help Weather Rural Financial Distress -Charan Singh

-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...

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Debt, despair and death as farm crisis deepens -Sarbjit Dhaliwal

-The Tribune Grains Of Discontent: The damage to wheat crop due to untimely rain and hailstorm, followed by delayed payments, this rabi season has further stressed Punjab’s farmers. While the cost of farm inputs has risen manifold over the past few years, the profit margin is on a constant decline, thus making farming unviable. Unable to bear losses, several farmers have committed suicide in recent past As the day breaks, he enters...

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From plate to plough: A Baisakhi gift for the farmer -Ashok Gulati

-The Indian Express Unseasonal rains are breaking the back of Indian farmers. The prime minister has taken the first step by deciding to raise the existing norms of compensation by a hefty 50 per cent - from the existing Rs 9,000 per hectare for irrigated crop, Rs 4,500 per ha for unirrigated crop and Rs 12,000 per ha for perennial crop. Further, the compensation will be given to all those who...

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Fields of Despair -Sutapa Deb

-NDTV There is the reality of a farmer's suicide and then there are versions of this reality. Whether you choose to accept the farmer's context of poverty, debt and extreme risk, or deny it, often depends on the class and profession you belong to. Fields pockmarked with brown mounds create a surreal setting. At least nine suicides by farmers have been linked to the crisis in West Bengal's potato belt. Farmers have...

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