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Harmful waivers

-The Hindu Business Line   Loan write-offs will become redundant if we have a robust crop insurance system The Chief Minister of residual Andhra Pradesh N Chandrababu Naidu may have bought time in implementing his lavish pre-poll promise of waiving ₹54,000 crore worth of farm loans. The decision to appoint an expert committee to recommend guidelines on the waiver may well be a ploy to defer - even soften - the impact of...

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Union budget: Vidarbha farmers demand Rs 30,000 cr package

-PTI   The group has also urged the govt to constitute a national-level Commission, which looks into measures to prevent farmer suicides Nagpur: Farmers in the Maharashtra's Vidarbha region have demanded a Rs 30,000 crore development package from the upcoming Union Budget. In view of the neglected farmers, it was high time that the central government looks at agrarian crisis seriously in Vidarbha and announce a hefty development package, Vidarbha Jan Andolan Samiti (VJAS)...

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Banks ask FinMin to stop Andhra farm loan waiver -Manojit Saha

-The Business Standard   Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...

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Agriculture, a new story-Deepender Singh Hooda

-The Indian Express   Contrary to the popular narrative, the second green revolution is underway. A dramatic turnaround of agriculture, India's most important sector, has gone largely unheralded. Contrary to the popular narrative, agriculture has been transformed in the last 10 years. The second green revolution is underway. At the end of the second tenure of the UPA and after a decade of persistent work, we are witnessing record agricultural outputs for every...

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Save the farmer

-DNA Farmers' suicides are as much a consequence of indebtedness as the failure of the government to offer solutions to make agriculture a viable profession. Astring of farmers' suicides, in the aftermath of hailstorms and unseasonal rainfall over the past fortnight, in Maharashtra sheds light on the parlous state of Indian agriculture. National Crime Records Bureau (NCRB) statistics tell us that over 2.8 lakh farmers have committed suicide since 1995. Though attempts...

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