-The Telegraph New Delhi: If the Narendra Modi government caves in and grants a nationwide farm loan waiver, the tab could surge to a whopping Rs 3 lakh crore, dwarfing the UPA's initiative in 2008 that cost a little over Rs 52,000 crore. "We have warned that the exchequer will go bust if we grant a general amnesty on farm loans, which will cost over Rs 3 lakh crore," a senior finance...
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Maharashtra farmer laon: 1.36 crore farmers have a total loan of Rs 1.14 lakh crore -Shubhangi Khapre
-The Indian Express Finance Minister Sudhir Mungantiwar says Maharashtra is a huge state and there are ways to raise the funds Mumbai: The Maharashtra government will have to provide Rs 1.14 lakh crore to write off the entire loan burden of all 1.36 crore farmers in Maharashtra, stoking concerns given the state’s debt burden of Rs 4 lakh crore. Highly placed sources said the state budget for 2017-18 was Rs 2.57 lakh...
More »Mandsaur agitation: How demonetisation brought MP farmers onto streets -Aman Sethi and Punya Priya Mitra
-Hindustan Times In Mandsaur, demonetisation has disrupted every aspect of the rural economy – land markets, credit networks, procurement, and crop prices. Mandsaur (Madhya Pradesh): Traders rued their burnt shops, farmers mourned the death of their sons to police bullets; but as four days of violence drew to a close, both sides could only speak of one thing: demonetisation. “Notebandi destroyed the trust between farmer and trader,” said Sunil Ghatiya, a soybean trader...
More »Farmer's protest: Fault lines in the fields -Mahesh Langa & Jayant Sriram
-The Hindu From a persisting cash crunch due to demonetisation to a price free fall because of a bumper produce, it’s a big bag of woes for farmers in Madhya Pradesh and Maharashtra. Mahesh Langa and Jayant Sriram report on the gathering storm as their protests for a fairer deal threaten to escalate Abhishek Patidar, 19, had just passed his Class 11 exam this year with dreams of becoming a doctor. His...
More »What explains the Maharashtra farmers' strike in a bumper crop year? -Sayantan Bera
-Livemint.com Maharashtra farmers continue with their protests despite assurance from chief minister Devendra Fadnavis of a debt waiver by October New Delhi: The fifth day of the strike by protesting farmers in Maharashtra on Monday witnessed unprecedented visuals of milk tankers being ferried to state capital Mumbai under heavy police cover. Not long ago, before the monsoons arrived last year, rail wagons transporting water to severely drought-hit districts in the state were...
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