-The Hindu Title holding in-laws refuse to share benefits like Rythu Bandhu Hyderabad: Lakshmi is a woman farmer with a small holding in Gadsingapur village of Pargi mandal in Vikarabad district. She is left with two children, both girls, after her husband committed suicide a few years ago unable to bear the burden of mounting debts. She grew paddy and groundnut in her one acre land for some time, but later has been...
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Tackling farm distress is high priority
-The New Indian Express Narendra Modi’s overwhelming win has pushed the burning issues around agrarian distress on the back burner; but once the victory euphoria dies down, these will be pushing for recognition again. A crash in prices of farm produce and the demand for remunerative prices, and waiver of back-breaking Loans are some of the issues staring the new government in the face. The interim budget recognised the distress by...
More »Agri sector: No fireworks in the short term -Rajalakshmi Nirmal
-The Hindu Business Line However, PM Kisan Samman Nidhi Yojana will give instant relief to the rural India, improving demand for agri inputs BJP’s election manifesto promised many things for farmers. Now that it is clear that the NDA-led coalition is going to be back in power, companies in the agri space — manufacturers of seeds, fertilisers, agro-chemicals and farm equipment — will stand to benefit. However, do not expect fireworks immediately. Had it...
More »Are farm loan waivers a political gimmick? -Vikas Dhoot
-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
More »No Bank of Maharashtra Loans for drought-hit farmers -Manojit Saha
-The Hindu Lender cites high bad Loans for drastic move in two States; Marathwada, Vidarbha to be impacted Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend Loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought. The bank cited high bad Loans from agricultural advances in the branches of these zones for the decision....
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