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How farm loan waivers can actually benefit the economy -Charan Singh

-The Financial Express The fastest-growing major economy of the world cannot ignore its farmers as there is a genuine need to help the farming sector which is suffering from stress on account of indebtedness. The banking industry is also not able to extend credit to those farmers who are in default. A loan waiver can help bankers to renew the loans, and farmers can use the borrowed money for production of...

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Farm loan waiver may give Karnataka farmers easier access to credit -

-Livemint.com Burden of farm loans has driven many Karnataka farmers into the clutches of moneylenders, who at times charge even by the hour Bengaluru: Naveen Kumar, 40, a small farmer in Hassan district, Karnataka, paid Rs.2,400 as premium (Rs.1,200 per acre) to insure his jowar crop last year. The crop failed after deficient rains. But Kumar was covered—or so he thought. Earlier this year, he received Rs1,600 (Rs800 per acre) as compensation—33% less...

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Government Allows Co-Operative Banks To Deposit Old Notes With RBI -Abhishek Vasudev

-NDTV Profit The relaxation comes against the backdrop of reports that many district co-operative banks did not have enough cash to disburse to farmers. The Finance Ministry on Tuesday allowed banks, post offices and district central cooperative banks to deposit the scrapped Rs. 500 and 1,000 rupee notes with the Reserve Bank of India within 30 days and exchange the value of notes deposit with the new notes. In an official notification...

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In This Year's IIT Class, Kids Of Farmers And Labourers: Telangana's Super 100, Almost -Uma Sudhir

-NDTV Telangana government had coached children from underprivileged backgrounds, who were students of free government schools. Now they will go to IIT and NIT. Hyderabad: Marginal farmers, labourers, orphans, Dalits and tribals - nearly a hundred children from very underprivileged backgrounds have made Telangana proud this year. With special coaching from free government schools, 27 of them have cracked the entrance examination for the prestigious Indian Institutes of Technology. The other...

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Yogendra Yadav, convenor of Swaraj Party, interviewed by Archana Mishra (GovernanceNow.com)

-GovernanceNow.com As farmers protests take centre stage across the country, Swaraj Party convenor explains the ecological, economic and existential crisis behind this unrest. * We have recently seen farmers from Tamil Nadu protesting in the national capital. Then Maharashtra farmers protested, deciding not to send their produce to cities. The agitation has now reached Madhya Pradesh, leading to killings. Why there is sudden farmers’ unrest in the country? I think we...

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