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Stop Banks From Humiliating Farmers, Supreme Court Tells Tamil Nadu -A Vaidyanathan and Shylaja Varma

-NDTV The Supreme Court asked the Tamil Nadu government to install a process by which farmers can report misbehavior by bank officials while trying to make them pay up. New Delhi: The government's job is to prevent farmers from committing suicide and not distribute compensation after they have died, the Supreme Court told Tamil Nadu in strong words today, asking it to ensure that no coercive action is taken against...

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Prevent farmers' suicides rather than give compensation, SC tells TN -Krishnadas Rajagopal

-The Hindu "Your job is to take steps to prevent farmers’ suicides and not go around distributing compensation after the suicides", the Supreme Court told the Tamil Nadu government on Friday. The court said the “actual job” of the government is to “directly address the ground reality of farmers suicides”. “Your approach has to be preventive and not compensatory,” a Bench of Justices Dipak Misra and A.M. Khanwilkar told Additional Solicitor General P....

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Agriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif Crop Loans to farmers -Partha Sarathi Biswas

-The Indian Express First, it was demonetisation and crop price crash; now it is the collapse of cooperative credit that is hurting farmers during peak kharif operations. For most Maharashtra farmers, drying up of institutional finance for kharif farming operations is what’s really hurting. Nashik (Maharashtra): Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed  Rs 1,608.55 crore of Crop Loans during April-June, exceeding its target of Rs 1,257.18 crore. This...

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Loan waiver alone not the panacea for Maharashtra farmers' woes: Experts -Rahul Wadke

-The Hindu Business Line High inputs costs, low price for produce and water scarcity are major challenges Mumbai: Despite the Rs. 34,000 crore farm-loan waiver in Maharashtra, farmers’ lives are unlikely to change for the better as they will continue to be up against familiar problems such as high input costs, low prices for their produce, and scant water availability, say farm sector experts. They are of the opinion that the core issues...

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Maharashtra records 42 farmer suicides in 2 weeks -Manoj More

-The Indian Express Kishore Tiwari, who heads the government-appointed Vasantrao Naik Shetkari Swavlamban Mission, said the farmer suicides would stop once the waiver takes effect. Pune: Even as the Maharashtra government has announced loan waiver for farmers, as many as 42 farmers have ended their lives in the last two weeks. This, government officials said, highlights the magnitude of rural distress in the state. According to the Aurangabad divisional commissionerate, which...

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