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Haryana farmers refuse to withdraw agitation -Sukhbir Siwach

-The Indian Express State govt starts gathering details of outstanding farm loans Chandigarh: Agitating farmers in Haryana have refused to withdraw their agitation despite the acceptance of several demands of farmers in Maharashtra and Madhya Pradesh. Haryana farmers, who are sitting on dharna in many parts of the state, have decided to block national highways and state highways for three hours on June 16. On the other hand, keeping in view the...

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The loan-waiver mountain -Jayanta Roy Chowdhury

-The Telegraph New Delhi: If the Narendra Modi government caves in and grants a nationwide farm loan waiver, the tab could surge to a whopping Rs 3 lakh crore, dwarfing the UPA's initiative in 2008 that cost a little over Rs 52,000 crore. "We have warned that the exchequer will go bust if we grant a general amnesty on farm loans, which will cost over Rs 3 lakh crore," a senior finance...

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What explains the Maharashtra farmers' strike in a bumper crop year? -Sayantan Bera

-Livemint.com Maharashtra farmers continue with their protests despite assurance from chief minister Devendra Fadnavis of a debt waiver by October New Delhi: The fifth day of the strike by protesting farmers in Maharashtra on Monday witnessed unprecedented visuals of milk tankers being ferried to state capital Mumbai under heavy police cover. Not long ago, before the monsoons arrived last year, rail wagons transporting water to severely drought-hit districts in the state were...

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Farm loan waivers by states might hit Rs 2,57,000 crore by 2019 elections: BofA-ML Report

-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...

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Shame of unpaid debt a key reason for farmer suicides, finds study -Sayantan Bera

-Livemint.com The RBI-commissioned study listed faulty crop choices and aspirational consumption patterns as other major factors for farmer suicides New Delhi: Shame arising out of inability to repay loans taken from relatives and acquaintances is a key reason for farmers resorting to suicide, a study commissioned by the Reserve Bank of India (RBI) found. The study titled “Lives in debt: narratives of agrarian distress and farmer suicides”, conducted by researchers at Shiv Nadar...

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