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Telangana is Proof Farm Loan Waivers Aren't a Long-Term Solution -Siraj Hussain

-TheWire.in The government has to evolve policies suitable to a particular state and fine-tune them according to local needs. ‘Nothing succeeds like success,’ first written by Sir Arthur Helps in Realmah in 1868, is going to guide political parties while they draft manifestos for the next parliamentary election. It seems that the Rythu Bandhu (RB) scheme – also known as the Telangana model of direct investment support (DIS) to farmers – has...

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Kerala's alternative to farm loan waivers has lessons for India -Nidheesh MK

-Livemint.com Thanks to the Debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It...

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For farm distress, India needs more effective solutions than loan waivers -Shamika Ravi

-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...

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Punjab farmers find no solace in farm loan waiver -Sayantan Bera

-Livemint.com The farm loan waiver terms make little sense in Punjab where average landholding is over three times the national average Patiala/ New Delhi: All that Jagdeep Singh wants is a few hours of peaceful sleep. The 24-year-old from Sangatpura village in Punjab’s Patiala district had no clue that the morning of 11 December would change his life forever. At six in the morning that day, he woke up to the sudden...

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Economists should try farming before opposing loan waiver: Chidambaram

-The Hindu Bengaluru: Former Finance Minister P. Chidambaram on Friday said farm loan waiver is “imperative” given the agrarian crisis in the country and the economists critical of the scheme should do farming on two acres of land for 10 years before commenting on it. “Economists who are criticising farm loan waiver must experience what farming is in this country. Take two acres of land and do farming for 10 years and...

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