-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...
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Chilli farmers in Telangana, AP see red -KV Kurmanath
-The Hindu Business Line With bumper crop halving prices, traders are refusing to lift stocks Hyderabad: Chilli farmers in Telangana are in a belligerent mood as prices plummeted by more than half. With the State witnessing a bumper crop, the markets are flooded with the produce. As traders are refusing to lift the produce at a remunerative price, huge stocks are piling up at the market yards at Khammam, Warangal and in...
More »Droughts, floods, and suicides: What Bihar can teach Maharashtra and other states -Sanjiv Phansalkar
-VillageSquare.in A deeper dive is needed to draw insights from the low prevalence of farmer suicides in Bihar than in more developed regions of India such as Maharashtra, Tamil Nadu, and Andhra Pradesh Suicide is among the most important antecedents of death in India, perhaps equaling, if not exceeding, road accidents. The better-developed and governed states of Kerala, Tamil Nadu, Puducherry and Andhra Pradesh show a higher incidence of suicides (number of...
More »Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija
-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...
More »'Maximum human trafficking cases in WB followed by Rajasthan'
-PTI West Bengal topped the list of states with the maximum number of human trafficking cases in 2016 followed by Rajasthan as the two accounted for around 61 per cent of such cases in the country. Of the 8,132 such cases registered across the country last year, 3,576 were from West Bengal and 1,422 from Rajasthan, government officials said. Rajasthan was followed by Gujarat where 548 such cases were reported last year. Maharashtra...
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