-The Indian Express As many as 11,46,768 farmers from Vidarbha and 10,83,932 from Marathwada will have their loans waived. Western Maharashtra, which is economically most prosperous, has a relatively lower number of beneficiaries, with 7,391,48 farmers making it to the list. Mumbai: With the government announcing that over 35.11 lakh farmers across Maharashtra who have outstanding individual loans up to Rs 1.5 lakh will benefit from its loan waiver decision, more...
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Agriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif crop loans to farmers -Partha Sarathi Biswas
-The Indian Express First, it was demonetisation and crop price crash; now it is the collapse of cooperative credit that is hurting farmers during peak kharif operations. For most Maharashtra farmers, drying up of institutional finance for kharif farming operations is what’s really hurting. Nashik (Maharashtra): Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed Rs 1,608.55 crore of crop loans during April-June, exceeding its target of Rs 1,257.18 crore. This...
More »Agrarian distress: Farmer suicides and the collapse of cooperative credit institutions -Partha Sarathi Biswas
-The Indian Express The incidence of farmers taking their own lives is higher in regions where cooperative banks are the weakest. Nanded (Maharashtra): The verdant soyabean fields at Digras today are a far cry from the barren landscape they presented only a few months ago. But for residents of this village in Ardhapur taluka of Nanded district, the memories of drought in three out of the last four years will not fade...
More »The bitter tales of Shamli’s sugarcane farmers: ‘Netas talk palayan (exodus), our issue bhugtan (payment)’ -Harish Damodaran
-The Indian Express Even though Shamli tops in sugarcane production, there is nearly Rs 300 crore dues for district farmers. Shamli/ Kairana: Mohkam Singh supplied 22 buffalo carts of cane, each laden with 18 quintals, to the sugar mill at Shamli belonging to Sir Shadi Lal Enterprises Ltd in the 2015-16 crushing season. These 400 quintals should have fetched about Rs 1.12 lakh at the Uttar Pradesh government’s state advised price (SAP)...
More »Middlemen in crisis
-The Indian Express The number of arhtiya suicides may not be anywhere close to those by farmers, but they do suggest a certain trend. When prices of commodities, be it basmati rice or cotton, were good, farmers planted with gusto. The ongoing agrarian crisis has spread beyond farmers to consume even arhtiyas or grain commission agents, as a report in this newspaper from Punjab has shown. The number of arhtiya suicides may...
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