-The Hindu PM-KISAN and a nationalistic campaign seem to have worked for the BJP In November last year, thousands of farmers marched to Parliament to highlight the agrarian crisis and demand higher crop prices, full loan waivers and drought relief. There were quite a few such protests in 2018, and considering their scale, many believed that it was likely that the discontentment of farmers, who also make up an important voting bloc...
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Agri sector: No fireworks in the short term -Rajalakshmi Nirmal
-The Hindu Business Line However, PM Kisan Samman Nidhi Yojana will give instant relief to the rural India, improving demand for agri inputs BJP’s election manifesto promised many things for farmers. Now that it is clear that the NDA-led coalition is going to be back in power, companies in the agri space — manufacturers of seeds, fertilisers, agro-chemicals and farm equipment — will stand to benefit. However, do not expect fireworks immediately. Had it...
More »How people gave a thumbs up to Modi's politics of performance -Asit Ranjan Mishra
-Livemint.com * Voters posed trust in Modi’s leadership for his welfare schemes like Jan Dhan Yojana * The Modi govt took a few policy missteps but came back strongly with focus on social sector schemes Parkash, 30, a tractor driver from Banswara, one of the poorest regions of southern Rajasthan, is happy that his family has received cooking gas and electricity connections during the five-year tenure of the Narendra Modi government. “Our name is...
More »Are farm loan waivers a political gimmick? -Vikas Dhoot
-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
More »No Bank of Maharashtra loans for drought-hit farmers -Manojit Saha
-The Hindu Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought. The bank cited high bad loans from agricultural advances in the branches of these zones for the decision....
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