-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...
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Karnataka may weed out 7 lakh farm loans from waiver scheme -Sharath S Srivatsa
-The Hindu In case of loan in both cooperative and commercial banks, the former qualifies for waiver Bengaluru: The intensive de-duplication work to identity farmers eligible for loan waiver is expected to identify at least 7 lakh people who have loans in both cooperative sector and commercial banks, resulting in saving of at least Rs.6,000 crore to the State exchequer. A farmer will be eligible for loan waiver from one of the...
More »MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years
In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
More »Farm loan waiver: How to nip it in the bud -Naveen P Singh
-The Economic Times Despite substantial increase in agriculture production and productivity levels over the years, farmers’ indebtedness has not changed significantly. According to the National Bank for Agriculture and Rural Development (Nabard) All India Rural Financial Inclusion Survey (Nafis) 2016-17, 52.5% of agricultural households were indebted. Considerable efforts have been taken in channelising institutional credit to farmers and raising farm credit disbursement targets, with allocations increasing by Rs 1 lakh crore in...
More »India's Cow Crisis Part 2: Threat of decline looms over livestock economy after 35 years' growth -Jitendra
-Down to Earth The circular economy of cattle has ruptured, threatening livelihoods of India’s poorest. The value output of the livestock economy is Rs 9.18 lakh crore, managed mostly by small and marginal farmers It is almost a year since Rahamdin Khan hasn’t got any good sleep. A resident of Khoabas, a bucolic village of 500 households at the foothills of Aravalli mountain range in Rajasthan’s Alwar district, Rahamdin witnessed a cruel...
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