-The Times of India CHANDIGARH: The farm loan waiver fever is spreading across the country, threatening to place a huge additional burden on the already creaking finances of state governments. On Monday, Punjab became the third state this year — after UP and Maharashtra — to announce a total waiver of all crop loans up to Rs 2 lakh for small and marginal farmers (up to 5 acres) and a flat Rs...
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Punjab waives crop loan of up to Rs 2 lakh for small farmers -Gurpreet Singh Nibber
-Hindustan Times The government plans to cover 10.25 lakh farmers in its waiver scheme, and simple calculation says it involves Rs 20,500 crore. The state has 18 lakh farmers. Of the total, therefore, 56% farmers would be covered. Chandigarh: Punjab chief minister Captain Amarinder Singh on Monday announced crop loan waiver of up to Rs 2 lakh for farmers who own up to 5 acres of agriculture land and a flat relief...
More »In Maharashtra, demand grows for a minimum support price for all farm produce -Abhiram Ghadyalpatil
-Livemint.com In a year when Maharashtra’s agriculture sector recorded a growth of 12.5%, a look at why farmers in regions as distantly located as Nashik and Wardha are up in arms Ahmedabad/ Nashik/ Warda (Maharashtra): Rajendra Borgude, 42, is a prosperous farmer half of whose 50 acre-irrigated farmland goes under grape cultivation. He drives a Nissan Terrano and was able to get a crop loan of Rs12 lakh from Nashik District Central...
More »Yogendra Yadav, convenor of Swaraj Party, interviewed by Archana Mishra (GovernanceNow.com)
-GovernanceNow.com As farmers protests take centre stage across the country, Swaraj Party convenor explains the ecological, economic and existential crisis behind this unrest. * We have recently seen farmers from Tamil Nadu protesting in the national capital. Then Maharashtra farmers protested, deciding not to send their produce to cities. The agitation has now reached Madhya Pradesh, leading to killings. Why there is sudden farmers’ unrest in the country? I think we...
More »Waiving farm loans is not only bad for the economy but also detrimental to interests of the farmer -Ram Singh
-The Economic Times blog Farmers, from Punjab in the north to Tamil Nadu in the south, have started agitations demanding farm loans be waived. The Uttar Pradesh and Maharashtra governments have already considered it politically expedient to write them off. Some other states may follow the suit. However, such decisions are as misguided as they are misleading. Nonetheless, it will be a mistake to treat the agitations as a domino effect of...
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