-The New Indian Express   HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers. The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally...

-Economic and Political Weekly     Sustained and focused efforts have to be made by the Tamil Nadu state government to provide relief and rehabilitation to the drought affected people of the state. S Rajendran (myrajendran@gmail.com) is with the Department of Economics, Periyar University, Salem, Tamil Nadu. Due to the failure of the north-east monsoon in December 2013, Tamil Nadu is witnessing drought like conditions this year, leading to poor agricultural productivity, rural distress,...

-The Hindu Business Line   Loan write-offs will become redundant if we have a robust crop insurance system The Chief Minister of residual Andhra Pradesh N Chandrababu Naidu may have bought time in implementing his lavish pre-poll promise of waiving ₹54,000 crore worth of farm loans. The decision to appoint an expert committee to recommend guidelines on the waiver may well be a ploy to defer - even soften - the impact of...

-The Business Standard   Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...

-The Hindu   State procured paddy in March, was to pay Upper Kuttanad farmers in 10 days Kerala: Paddy cultivators in the Upper Kuttanad belt are reportedly faced with serious financial crisis due to the government's failure to disburse the price of the paddy procured from them. The paddy harvest in this part of the State began in the first week of March. Though the government had started procuring threshed paddy from the peasants...