-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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Elections 2019: India Shining 2.0 surfaces in Rural India -Sayantan Bera
-Livemint.com With barely a few months to go for 2019 Lok Sabha elections, the question across political party lines is: what can really be done now, and quickly? New Delhi: When residents gather around the fire on foggy winter evenings in Rampura, a village in Uttar Pradesh’s Bareilly district, the conversation often veers toward the declining fortunes in agriculture. Take 27-year-old Pushpendra Singh, who completed his master’s degree in commerce in 2016,...
More »Open season for farm loan waivers
-The Telegraph In the long term, the only real solution to rural distress is to shift labour to more productive segments of the economy It has turned into an open season for farm loan waivers. Less than a week after assuming office, Congress governments in Rajasthan, Madhya Pradesh and Chhattisgarh have announced the waiver of crop loans up to two lakh rupees per farmer. The Congress president, Rahul Gandhi, has thrown down...
More »The political economy of the persistent agrarian crisis -Himanshu
-Livemint.com Loan waivers and the promise to raise MSP cannot solve the problem The victory of Congress party in the recent assembly elections of Chhattisgarh, Madhya Pradesh and Rajasthan has brought the agrarian crisis in rural areas to the centre of political debate. While there are several factors in election victories, the severity of the agrarian unrest was surely a major factor. While there is consensus that the incumbent Bharatiya Janata Party...
More »Indian farmers need a new deal and not just loan waivers -Yogendra Yadav
-ThePrint.in Farmers’ issues have occupied centre stage after decades and compulsions of 2019 can create the political will to do something. When Raghuram Rajan opposes farm loan waivers, he ought to be taken seriously. Not just because he has the academic and policy credentials to talk about banking. Not just because he is backed by twelve other well-known economists. And, not just because he had the guts, as the RBI governor, to...
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