-The Hindu Business Line The trend of farm loan waivers has gripped the country and Karnataka is the latest to jump on to the bandwagon. The fiscal strain of farm loan waivers on the States is worrisome. As per RBI, the gross fiscal deficit (GFD) of States rose to 3.1 per cent of GDP in 2017-18, breaching the threshold of 3 per cent GFD/GSDP ratio recommended by the Finance Commission. This threshold has...
More »SEARCH RESULT
Total Matching Records found : 1093
How Telangana supports farmers with Rs 4,000 for every acre they own -Sreenivas Janyala
-The Indian Express A look at the scheme Rythu Bandhu, seen by Arvind Subramanian as a template for agriculture policy. Hyderabad: A support scheme for farmers in Telangana has earned the appreciation of outgoing Chief Economic Advisor Arvind Subramanian, who spoke about it during an Idea Exchange interaction with The Indian Express journalists and then wrote in The Financial Express that it can be the template for social and agricultural policy. Called...
More »Maharashtra: In three months, 639 farmers committed suicide owing to crop failure and debt
-The Indian Express "Of the 188, families of 174 farmers have received compensation," Revenue Minister Chandrakant Patil said, saying 122 cases were declared ineligible for compensation, while 329 cases are pending for further investigation. New Delhi: Maharashtra Revenue Minister Chandrakant Patil has said 639 farmers have committed suicide in three months (March to May) this year due to pressing debt, crop failure and the inability to repay bank loans. Patil was replying...
More »India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi
-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...
More »Fresh farm crisis brews in Maharashtra as banks tighten purse strings -Abhiram Ghadyalpatil
-Livemint.com Banks in Maharashtra have issued only 22% of the kharif season lending target of Rs43,342 crore till 27 June, said an official at the state department of cooperation Mumbai: Farm discontent is raising its head in Maharashtra yet again as banks remain tight-fisted on crop loans at the beginning of the sowing season, cancelling out the benefits of last year’s mega loan waiver. Banks in Maharashtra have issued only 22% of the...
More »
