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Why Are Banks Deducting Money From Farmers' Accounts Without Permission? -Nitika Kakkar and Deepak Vaishnav

-TheWire.in Banks are deducting ‘crop insurance premiums’ from farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...

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Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija

-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...

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Farmers welcome debt waiver and wheat buy-back announcements -Sharmila Bhowmick

-The Times of India GREATER NOIDA: The farmer community of Greater Noida welcomed Chief Minister Yogi Adityanath's relief announcements in terms of debt waivers and buy back proposals of stacked up wheat produce. The twin announcements have given hope to the community which has been suffering under financial distress over last three years because of cash crunch and inclement Crop damage. Adityanath's announcement of wheat purchase made yesterday at Gorakhpur came in...

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Worst drought in 15 years hits Kerala, planters eyeing irreparable damage to crops

-The Financial Express Kochi: Drought and high temperatures in the plantation regions of Kerala are likely to cause irreparable damage to the crops. Association of Planters of Kerala reports that the plantation sector is facing one of the worst drought conditions in last 115 years and crop production had reduced by 30% in tea, 14% in rubber, 60% in cardamom and 40% in coffee. Most of the agri-commodities are highly monsoon sensitive...

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Horticulture output likely to exceed foodgrain production in 2016-17 despite meagre growth

For the fifth year in a row, horticulture production is expected to surpass foodgrain production. However, as compared to the crop years 2014-15 and 2015-16, when drought was faced by most Indian states, horticulture production this year is predicted to rise by a meagre amount.   As compared to 2014-15 and 2015-16, horticulture production this year is expected to rise by 2.2 percent and 0.4 percent, respectively. However, as compared to...

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