-The Hindu Why the drop in rates? Garlic has been the latest casualty of the price crash in the vegetable market after poor returns of tomato and potato crops forced many farmers to abandon their produce owing to a bumper output in recent days. The miseries of financially distressed farmers seem far from over even as they continue to demand waiver of Farm loans and remunerative prices for their produce through several...
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Is loan waiver a panacea for rural distress? -Nilanjan Banik
-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of Farm loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....
More »Farmers for policy initiatives to mitigate agricultural crisis
-The Hindu KRRS and Hasiru Sene seek to remind CM Kumaraswamy of his pre-poll promise of a loan waiver MYSURU: Farmers from the region have come out with a 10-point agenda for the new coalition government in the State to ensure the welfare of cultivators and mitigate agricultural distress. The Karnataka Rajya Raitha Sangha (KRRS) and Hasiru Sene have sought to remind the Chief Minister H.D. Kumaraswamy of his pre-election promise of a...
More »Whether It's Health or Crops, India Isn't Doing Social Insurance Right -Satya N Mohanty
-TheWire.in The Modi government is pushing insurance schemes in both health and agriculture. But are they really making a difference? How successful, effective and equitable is insurance as a state policy? Does it address what it is meant to address in the first place, be it in health or agriculture? How does it handle systemic risk, which is essentially uninsurable? Does it also present a lost opportunity for improving the delivery of...
More »How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair
-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...
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