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The Dynamics of 'Sahucars' and Farmers in Maharashtra's Villages -Parth MN

-TheWire.in Private moneylenders are a major source of loans across the region, and with the collapse of banking in rural areas, their role has only grown. Baliram Kadpe is critical of the Maharashtra government. “Farmers do not get the minimum support price [for their crops, from the state],” he says with concern. “And it is tedious for them to acquire crop loans.”  Kadpe believes if the state ensures that farmers have access...

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Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun

-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...

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Why are farmers of Maharashtra on strike? -Alok Deshpande

-The Hindu What happened? On June 1, farmers in Maharashtra went on strike for the first time ever. Their agitation saw violence, and angry farmers spilling milk and throwing vegetables on the road; at one point the strike expanded into a bandh call, where agitators threatened to stop supply to urban markets. This apparently leaderless agitation grabbed the attention of both the government and the urban population, quite ignorant of conditions in...

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Note recall most hurtful: Farmers

-The Telegraph New Delhi: A nationwide network of farmers today dubbed the demonetisation exercise "the most hurtful scheme since independence" and claimed that Prime Minister Narendra Modi's pledges for the agriculture sector announced on December 31 were "a rehash of what already exists". The network of farmers' associations and representatives from across the country said in a letter sent to the Prime Minister that the demonetisation move had shown a "dismaying disregard"...

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Will note ban dry up informal loans in rural India? -Sayantan Bera

-Livemint.com Nearly 40% of loans taken by agricultural households come from informal sources, shows data New Delhi: Demonetisation of high value currency has impacted the rural and agriculture sectors in several ways. In the days following Prime Minister Narendra Modi announcing withdrawal of Rs500 and Rs1,000 notes, trade in wholesale markets took a hit due to the acute cash crunch and farmers resorted to distress sales of perishables like fruits and vegetables....

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