-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...

-Livemint.com This Uttar Pradesh village offers a microcosm of the broader change in Indian villages since independence Palanpur is a relatively unknown small village in Moradabad district of Uttar Pradesh. However, it has a special place in development economics because of a research project that has stretched over seven decades. Economists have conducted seven detailed surveys of Palanpur since the 1950s, a rare longitudinal database that shows how the village has changed...

-The Indian Express Farmers getting lower prices for their produce, much lower than the minimum support prices announced by the government for the kharif crops this year, has hit the rural consumption demand story. New Delhi: The consumption-driven story of India’s economic growth is expected to face a slowdown as wide concerns emerge about the weakening rural demand. At a time when public expenditure is likely to be curtailed by the obligation...

-The Hindu In addition to reforming the credit system, agriculture should be made profitable Rural agrarian distress is firmly at the centre of the national discourse today, triggered by the recent Assembly election results in the Hindi heartland as well as continuous farmer agitations in the past two years (picture). Just a month ago, the farmers’ march in Delhi highlighted the reality of their deprivation, anger and resolve. Quite remarkably, their presence...

-Business Standard Those who want to help India's farmers should be working much harder to figure out what they really need It’s election season in India and the money is flowing. Governments in many states have begun waiving tens of millions of dollars’ worth of loans to poor farmers in an effort to buy their loyalty. The argument – widely accepted by politicians and journalists, the demographic groups with the least fiscal...