-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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Rural India in US top court
-The Telegraph Washington: The Supreme Court of America on Monday agreed to consider reviving a lawsuit by Indian villagers seeking to hold a Washington-based international financial institution responsible for widespread environmental damage they blame on a power plant it financed. The justices will hear an appeal by the villagers of a lower court ruling that the International Finance Corp (IFC) was immune from such lawsuits under federal law. IFC, part of the World...
More »BJP's Karnataka pledge may trigger loan waiver demand in other states -Sayantan Bera
-Livemint.com Loan waiver promises fell short of farmers’ expectations in states like Uttar Pradesh, Maharashtra and Punjab New Delhi: The Bharatiya Janta Party’s (BJP’s) poll promise in Karnataka to waive off Farm Loans is likely to intensify demands for a similar waiver in other states such as Madhya Pradesh, Chhattisgarh and Rajasthan which go to polls this year. In February last year, Prime Minister Narendra Modi had promised to waive off Farm Loans...
More »'58 lakh farmers will benefit from Rythu Bandhu scheme'
-The Hindu Put all arrangements in place well in advance, Harish tells officials SANGAREDDY (Telangana): Irrigation Minister T. Harish Rao has called upon the officials and public representatives to make the Rythu Bandhu (investment support scheme for agriculture) a grand success, stating that this will benefit more than 58 lakh farmers in the State covering about 1.42 crore acres. He said the programme would be held from May 10 to May 17....
More »Facing the future of development -Ashish Kothari & Aseem Shrivastava
-The Hindu Farmers’ protests interrogate the reigning development model. Alternatives do exist The recent spate of peasant protests across wide swathes of the country points sharply to the unjust folly and sheer unviability of the path of development that India has embraced, especially in the reform era since the late 1980s. Even, say, a modest food critic in metropolitan India collects an immodest annual pay package which can easily go into seven figures....
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