-The Hindu Business Line In Uttar Pradesh, women find their calling in rearing small livestock The ten women’s Self Help Groups (SHGs) or samoohs of Naithu village of Badaun, Uttar Pradesh are doing such good business in goat rearing that they call them their ATM cards. The 120 women of these samoohs were not affluent enough to buy buffaloes and cows despite the loans available, so they settled for rearing goats, paying Rs....
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Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan
-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...
More »PM insurance scheme fails to woo farmers -Surendra P Gangan
-Hindustan Times Contrary to the state government’s claims, the response to the Prime Minister Crop Insurance scheme in Maharashtra is lukewarm. About 49 lakh farmers have registered for the insurance this year against the last year’s number of 83 lakh farmers. On the backdrop of the three droughts in the last four years and the similar situation in some other states, the state and central governments had announced to implement the insurance...
More »Agrarian distress: Farmer suicides and the collapse of cooperative credit institutions -Partha Sarathi Biswas
-The Indian Express The incidence of farmers taking their own lives is higher in regions where cooperative banks are the weakest. Nanded (Maharashtra): The verdant soyabean fields at Digras today are a far cry from the barren landscape they presented only a few months ago. But for residents of this village in Ardhapur taluka of Nanded district, the memories of drought in three out of the last four years will not fade...
More »31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani
-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural banking. A parliamentary panel that probed the state of rural, agricultural banking found that a mere 17% rural household had taken...
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