-TheWire.in Implementing the loan waiver in Chhattisgarh, MP and Rajasthan will not be easy. It will cost Rs 80,000 crore and might need the states to double the spending on agriculture. New Delhi: On Monday, the newly appointed chief minister of Madhya Pradesh, Kamal Nath, proudly announced that his first executive decision was to waive farm Loans in the state. While campaigning for the assembly elections, the Congress party had promised that if...

-Down to Earth The schemes Kamal Nath and Bhupesh Baghel announced soon after taking oath will not help those who take Loans from money lenders Living up to their poll promises, Kamal Nath and Bhupesh Baghel, the newly elected chief ministers of Madhya Pradesh and Chhattisgarh, soon after taking oath, announced that their government will waive off farm Loans. While the MP government will waive off Loans of up to Rs 2...

-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...

-The Economic Times Minutes after taking oath on Monday as the new Madhya Pradesh chief minister, Kamal Nath sanctioned the waiver of farm Loans in the state, as promised in the Congress election manifesto. Ostensibly, this is to relieve economic distress for farmers. But Nath himself was on record last week saying, “[Farmer distress] is why there are so many suicides.” Thus, the lightning waiver. Before anything else, let’s get the facts...

-The Indian Express Will the kisan take care of interests of landless peasants as well? In the aftermath of the demonstrations by farmers in the name of agricultural prices and loan waiving, it is important to remember that village India also comprises of landless peasants who have nothing to sell on the market and have never gone to a bank. Their condition has deteriorated, too, as a result not only of the...