-The Indian Express "Of the 188, families of 174 farmers have received compensation," Revenue Minister Chandrakant Patil said, saying 122 cases were declared ineligible for compensation, while 329 cases are pending for further investigation. New Delhi: Maharashtra Revenue Minister Chandrakant Patil has said 639 farmers have committed suicide in three months (March to May) this year due to pressing debt, crop failure and the inability to repay bank loans. Patil was replying...
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1,092 farmers commit suicides in Maharashtra in 5 months -Priyanka Kakodkar
-The Times of India MUMBAI: Maharashtra has recorded 1,092 farmer suicides till the end of May this year according to official data. This is lower by only 72 cases compared to 2017 despite a loan waiver being declared in the state a year ago. While there has been a marginal dip in the total cases, the arid and deprived Marathwada region has seen a rise in these five months. It has recorded...
More »Farmer suicides continue unabated despite PM Modi's tall promises
-National Herald Last year, Centre had informed the Supreme Court that despite a multi-pronged approach to improve income and social security of farmers, over 12,000 suicides were reported in the agricultural sector every year since 2013 Over the last 48 hours, at least 24 debt ridden farmers have committed suicide. The Marathwada region in Maharashtra has alone witnessed 452 instances of suicide in the first half of 2018 Despite announcements of loan waivers...
More »India's rural inflation has started pinching
-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...
More »Fresh farm crisis brews in Maharashtra as banks tighten purse strings -Abhiram Ghadyalpatil
-Livemint.com Banks in Maharashtra have issued only 22% of the kharif season lending target of Rs43,342 crore till 27 June, said an official at the state department of cooperation Mumbai: Farm discontent is raising its head in Maharashtra yet again as banks remain tight-fisted on crop loans at the beginning of the sowing season, cancelling out the benefits of last year’s mega loan waiver. Banks in Maharashtra have issued only 22% of the...
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