-Livemint.com Farm loan waivers are a bad idea. They were a bad idea in 2008 when the UPA was in power, and continue to be so in 2017 with the NDA in power Several parts of India are in the grip of an agrarian crisis. In part, this is because of the cumulative effect of bad monsoons. Farmers in many parts of India are still dependent on the annual rains which were deficient...
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Prelude to a contagion -Ashok Gulati & Siraj Hussain
-The Indian Express UP’s farm loan waiver could prompt other states to follow suit, evade real reasons for agricultural distress The new Uttar Pradesh Chief Minister, Yogi Adityanath, has hit the ground running. In his first cabinet meeting, he took three important decisions with regard to farmers. First, he waived farm loans of more than Rs 36,000 crore, primarily of the small and marginal farmers who comprise 92 per cent of the...
More »No Country For Maharashtra's Dryland Farmers -Milind Murugkar
-TheWire.in Falling prices and a lack of adequate procurement centres have left tur producers grasping for a way out. The chief minister of Maharashtra is sending disturbing political signals to dryland farmers in his state. His recent statement, which was aimed at reassuring tur (arhar) producers in the state, says that in order to help farmers who are bearing the brunt of a fall in its prices below the minimum support price...
More »Farm loan waiver is no solution for Indian agriculture
-Livemint.com In the case of repeated farm loan waivers, it makes sense for borrowers to default strategically Hope: The Narendra Modi government says it wants to double farm income by 2022 through the transformation of Indian agriculture. Reality: The political discourse continues to focus perversely on farm loan waivers. Here are some recent instances. The new Bharatiya Janata Party government in Uttar Pradesh is considering a farm loan waiver as promised in its election...
More »Not much vikas: Did the prime minister's record on development and governance impress UP voters? -Kanti Bajpai
-The Times of India Blog Whatever else won UP for BJP it wasn’t development and good governance. Prime Minister Narendra Modi came to office ostensibly on a plank of economic and administrative ‘acche din’. Sadly, he has not delivered. So voters either don’t know his record or they voted for BJP for quite different reasons. What is the prime minister’s record on development and governance? In three years of BJP rule at...
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