A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...
More »SEARCH RESULT
Farmers suicides increased after UPA announced Rs 70,000 crore loan waiver: govt
-The Indian Express Replying to a question on whether the SC had suggested that the government bring out a national policy to control farmers suicides, Agriculture Minister Narendra Singh Tomar said the court order stated an issue like this could not be dealt with overnight. Union Minister of State for Agriculture Parshottam Rupala on Tuesday said that suicides by farmers increased after a loan waiver of Rs 70,000 crore was announced...
More »After tickling waiver buds, Yogi Adityanath's iron fist on farm loans -Piyush Srivastava
-The Telegraph Familiar election-time promise of waivers had prompted many not to clear their dues in the hope that the relief would cover them Lucknow: Some 170 Bundelkhand farmers face the threat of auctioning of their properties and possible arrest over unpaid cooperative bank loans, under a rare move by the Uttar Pradesh government that the farmers said would destroy families. Conversations with farmers and officials suggest the familiar election-time promise of waivers...
More »Safety Net That Works -Shonar Lala
-The Indian Express Before contemplating new rural programmes, government must expand MGNREGA In the run up to the elections, a plethora of redistributive programmes, including Farm Loan Waivers, cash transfers and minimum income guarantees came to the forefront as campaigners sought to balm rural distress. Amongst these is a proposal to launch a revised NREGA 3.0, in which 150 days of employment would be guaranteed to the rural poor. Almost 15...
More »Tackling farm distress is high priority
-The New Indian Express Narendra Modi’s overwhelming win has pushed the burning issues around agrarian distress on the back burner; but once the victory euphoria dies down, these will be pushing for recognition again. A crash in prices of farm produce and the demand for remunerative prices, and waiver of back-breaking loans are some of the issues staring the new government in the face. The interim budget recognised the distress by...
More »