-MoneyControl.com As per data from 2011 to 2016, the agriculture loan NPAs stood between 4-6 percent while the industry NPAs have consistently increased sharply from nearly 3 percent to 12 percent in 2016. Despite criticism on farm loan waivers, a data study shows that the increase in non-performing assets (NPAs) is contributed more by the industry than the agriculture sector. According to a study report by Anand Rathi, in terms of contribution to...
More »SEARCH RESULT
India Owes a Debt to Its Farmers -Yogendra Yadav
-TheWire.in The Indian farmer is not just a poor, helpless victim who deserves a waiver because he cannot pay. The root cause of the debt trap is that his income has not increased with rising expenditure due to state policies. As Punjab joins the list of states to declare farm loan waivers, the political scales are now heavily tilted in favour of this idea. The government of Telangana, followed by Andhra Pradesh,...
More »Crop prices and farmers' unrest -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business line Distressed farmers are demanding loan waivers, but that should not deflect focus from what needs to be done and undone to address the root cause of the agrarian crisis The farmers’ unrest across the country, and particularly across several BJP-ruled States, appears to have caught the central government by surprise. But it should really not have done so. Ever since candidate Narendra Modi in 2014 promised the farmers...
More »Maharashtra farmers seek blanket waiver sans riders -Abhiram Ghadyalpatil
-Hindustan Times Representatives of Maharashtra farmers have sought a blanket crop loan waiver for all farmers, saying waivers must not be limited to those who have been repaying their loans Mumbai: Representatives of Maharashtra farmers have sought a blanket crop loan waiver for all farmers, saying waivers must not be limited to those who have been repaying their loans. A steering committee of leaders and activists from the state said this at a...
More »If the fury fragments -Suhas Palshikar
-The Indian Express Farmers’ protests threaten the BJP’s rise. But local character, lack of ideological vision limit their potential. The protests by farmers in Maharashtra and Madhya Pradesh should not be seen in isolation. Besides the political economy of these protests, the implications for competitive politics are going to be complex. In order to appreciate these implications, the farmers’ protests need to be situated in the larger backdrop — despite the...
More »