-Business Standard Greater adoption of cash crops combined with a collapse in the prices of agri-commodities has led farmers to the brink in major agricultural areas According to the National Crime Record Bureau (NCRB) data, nearly 64 per cent of all farmer suicides in the country in 2013 took place in the four states of Maharashtra, Karnataka, Andhra Pradesh and Kerala, raising the question: why is rural stress resulting in farmer suicides...
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Too early to say deficit monsoon to hit rural lending -Abhijit Lele
-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...
More »Challenge of agrarian distress
-The Hindu Everything else can wait but agriculture cannot, said Jawaharlal Nehru. This should have been the talisman for India’s progress. Yet, successive governments have failed to accord agriculture the priority it deserves. The tragic suicide of a farmer during an Aam Aadmi Party rally in New Delhi has brought to the fore the agrarian crisis facing India. Official records reveal that more than 2.96 lakh farmers have ended their lives...
More »Losing out on agriculture -M Rajivlochan
-The Tribune Modern farming techniques beyond the grasp of small & medium farmers Analyses of agrarian troubles in India are full of tragedy. The tragedy lies in two parts. In the first part is the sad story of a farmer who was distressed enough to commit suicide. In the second part is the outrageous behaviour of many bystanders who, in the name of being well-wishers of farmers, use the funeral fires not...
More »Leaks in lending
-Business Standard Subsidised farm credit also goes to companies There has been a massive surge in institutional agricultural credit over the past decade. But the benefit of that has not reached as much to farmers as it has to agri-businesses and companies branching out into agriculture-related activities. This is clear from an analytical study of agricultural credit by scholars at the Tata Institute of Social Sciences, based on a Reserve Bank of...
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