A fresh wave of farmer suicides has been reported in several states, pushing families deeper into poverty. A coalition of farm-sector organisations said it had identified over 700 cases this year, but state government officials said they were still verifying the incidents. “Vidarbha in Maharashtra has emerged as the epicentre of farmer suicides again. There have been 680 suicides in just 6 districts in 2011,” said Kishor Tiwari of Vidarbha Jan...

Farmers are joining India Inc in mind, body and spirit. In a quiet revolution underway across the countryside, growers are setting up companies, replete with balance sheets, professional CEOs, board of directors, and income tax returns.  By pooling together the land and produce of their shareholders, these companies are signing lucrative deals with large retail chains, food companies and exporters keen to establish reliable supply chains. As many as 200 companies...

-The Hindustan Times A 45-year-old cotton grower tried to end his life by consuming pesticide at the election meeting of the chief minister Prithviraj Chavan at Dhamangaon in Amravati district, some 200 kms from here in western part of Vidarbha, on Sunday. According to reports reaching here this evening, the incident occurred when the chief minister was addressing an election meeting for the ensuing municipality elections at Dhamangaon on Sunday afternoon.  The...

A National Sample Survey Organisation ( NSSO) study found that nearly half of the country's farmer households are in debt. Andhra Pradesh, Tamil Nadu and Punjab are the top three states recording highest percentage of farmers in debt.  Of the 89.35 million farmer households in the country, 43.42 million are unable to come out of the debt trap, the report said. AP tops the chart with 82% of farmers in debt,...

At a time when the government and regulators are emphasizing inclusion and increase in credit delivery to those without access to formal sources of finance, private sector banks are found to have low credit-deposit ratios in rural areas as compared to public sector counterparts. In a recent interaction at the state-level bankers committee (SLBC) meeting, in which Reserve Bank of India governor D Subbarao was present, bankers brought this to the...