-The Hindu Business Line It is not just about making matters easier for corporates. Distressed farmers can access relief under pressing circumstances The Insolvency and Bankruptcy Code (IBC) aims at improving the failing credit market situation in the country. A healthy credit market functions well where the debtor and the creditor have faith that their interests are recognised and protected under law. Failure to pay debt is a common occurrence but surprisingly, the...

-Press Release from National Alliance of People’s Movements (NAPM) Government Running away from Responsibility: Pushing Farmers on edges Overlooked the need of majority of population, catering to few Political ‘Jumlas’ continues, ditching farmers once again under the garb of corporate regime; reduced responsibilities of public sector In recent times, announcement of the Union budget seems to be becoming a futile exercise, even with all the publicity and hype associated with it. We...

-Press Note on Union Budget 2016-17 from Swaraj Abhiyan The farmers of India needed and expected a big deal from this year’s budget – they needed it because it is a time of unprecedented consecutive years of drought, and rising farmer suicides; they expected it because the Prime Minister and the government indicated that major pro-farmer steps would be announced in the Budget. The Budget presented by Finance Minister today is...

-The Indian Express Since January 1, this year, every week between 20-30 suicides have been reported in eight districts of Marathwada Pune/Beed/Nanded: EVEN AS the ruling party and the opposition are sparring over granting of loan waiver to drought-hit farmers in Maharashtra, as many as 112 distressed farmers, rattled by mounting debts and withering crop, ended their lives this month in Marathwada region. This brought the toll to 1,109 this year. Compared...

-Livemint.com With rural distress taking a turn for the worse due to weather woes and lower crop prices, farmer unions write to PM demanding constitution of commission New Delhi: With rural distress taking a turn for the worse due to weather woes and lower crop prices, leading farmer unions from across the country have written a joint letter to Prime Minister Narendra Modi demanding constitution of an income commission that could...