-Economic and Political Weekly In the wake of the central government’s minimum support prices hike for kharif 2018–19, the state government in Madhya Pradesh implemented a variant of the deficiency payments system called the Bhavantar Bhugtan Yojana for compensating the farmers when market prices fell below MSP. Besides the problems of long delays in payments to farmers, large transaction costs that farmers incurred Due to multiple registrations, and the disposal of...
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A spike in inter-state migration in India could be driving a new wave of nativist politics -Shoaib Daniyal
-Scroll.in For the first time, a Hindi state – Madhya Pradesh – has complained about migrants taking away jobs. Hours after taking oath as the new chief minister of Madhya Pradesh on December 18, Kamal Nath declared that outsiders were grabbing jobs meant for locals. “People from states like Bihar and Uttar Pradesh come here and local people don’t get jobs,” he said. His government went on to issue an executive order...
More »Fasal Bima Yojana: Farmers' Distress is Source of Profit for Companies -Subodh Varma
-Newsclick.in The Modi government paid Rs.34,859 crore and farmers paid Rs.7,255 crore to insurance companies in three crop seasons. Among the series of schemes launched (or repackaged) by the Narendra Modi-led National Democratic Alliance government, one of the most toxic is the Pradhan Mantri Fasal Bima Yojana (PMFBY). Its purpose is to provide crop insurance to farmers, that is, if the crop fails Due to some non-preventable reason, such as weather calamity...
More »An outstanding alternative to farm loan waiver -Suman Layak
-The Economic Times The world is no stranger to farm debt crises like the one India is seeing today. Back in the 1980s, the Canadian parliament enacted a law to stop foreclosures on farm debt, after prices collapsed and interest rates jumped to as high as 24%. The law was in force for a dozen-odd years. It identified insolvent farmers, facilitated agreements between the borrowers and lenders, and helped some farmers move...
More »Telangana is Proof Farm Loan Waivers Aren't a Long-Term Solution -Siraj Hussain
-TheWire.in The government has to evolve policies suitable to a particular state and fine-tune them according to local needs. ‘Nothing succeeds like success,’ first written by Sir Arthur Helps in Realmah in 1868, is going to guide political parties while they draft manifestos for the next parliamentary election. It seems that the Rythu Bandhu (RB) scheme – also known as the Telangana model of direct investment support (DIS) to farmers – has...
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