-Newslaundry.com Quick fixes like loan waivers and MSPs don’t solve the basic problem. On December 2, 2018, PTI published a story on Sanjay Sathe of Nashik district. Sathe had grown 750 kg of onions this season. He was offered a rate of Rs. 1 per kg in the wholesale market when he tried selling them. He finally managed to negotiate a deal where he was paid Rs. 1,064 for 750 kg....
More »SEARCH RESULT
Farm-loan waivers turn nightmare for banks -G Naga Sridhar
-The Hindu Business Line Farmers in election-bound States have stopped repaying in anticipation of write-offs Hyderabad: The increasing demand for farm-loan waivers and slippages in existing loan repayments by Farmers in anticipation of write-offs are giving banks a nightmare. Apart from drawing the attention of policy makers and political pundits, last week’s mega Farmers’ rally in the national capital has also created tremors among bankers. “The expectation of agricultural loan waivers next year when...
More »A new deal for the farmer -Yashwant Sinha
-The Indian Express A Basic Income Scheme for the farmer will not tax the government’s resources. But it could stem the tide of distress in the countryside. The neglect of Indian agriculture by the NDA government, despite the tall promises in the BJP election manifesto of 2014 has been the cause of untold suffering of the Indian farmer over the last four years. This has led to large-scale Farmers suicides and...
More »Are Loan Waivers a Panacea for Rural Distress? -Nilanjan Banik
-Economic and Political Weekly Small and marginal Farmers are not the real beneficiaries of loan waivers. In the year following loan waivers, small Farmers lose out on three counts: lower access to formal loans, falling agricultural revenue because of higher informal loan costs, and falling agricultural productivity. Instead, supply-side interventions could make a real difference in Farmers’ lives as a long-term alternative to loan waivers. Please click here to access the full...
More »Nashik farmer gets Rs 1,064 for 750kg of onion, sends earnings to PM Narendra Modi
-PTI MUMBAI: An onion-grower from Maharashtra, who had to sell his produce for little over Rs one per kg has sent his earnings to the Prime Minister to mark his protest. Sanjay Sathe, a resident of Niphad tehsil in Nashik district, was among the handful of 'progressive Farmers' selected by the Union agriculture ministry for an interaction with then US president Barack Obama when he visited India in 2010. Speaking to PTI on...
More »