-Firstpost.com Putting state governments that promised loan waivers for farmers in difficulty, Finance Minister Arun Jaitley on Thursday ruled out such waivers by the Centre insisting states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. The move is likely to put even BJP governments, including Devendra Fadnavis administration in Maharashtra and the newly...
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Farm loan waiver is no solution to farmers' woes -Tamal Bandyopadhyay
-Livemint.com The focus should be more on making the prime minister’s crop insurance scheme a success than demanding farm loans waivers from banks Last week, the Indian National Congress at the Maharashtra assembly submitted a breach of privilege notice against State Bank of India chairman Arundhati Bhattacharya for “insulting farmers and the House” by her remarks on farm loan waiver. The leader of the opposition in the state assembly, Radhakrishna Vikhe Patil,...
More »Debt, drought & death: Two suicides a day since October in Tamil Nadu -Arun Janardhanan
-The Indian Express Last week, the farmer distress reached Delhi, with a group of Tamil Nadu farmers starting a sit-in at Jantar Mantar. Nagapattinam: On January 1, R Panneerselvam stepped out of his home thrice to check on his wasted paddy crop on his 3-acre land. The final time, a tired Pannerselvam flopped down on a chair and asked his eldest son to fetch him tea from a nearby stall. By the...
More »Centre initiates discussion on farm loan waiver
-PTI Maharashtra, TN among States seeking relief; hold talks with Finance Minister New Delhi: Finance Minister Arun Jaitley on Friday initiated discussions on a farm loan waiver scheme with the Agriculture Ministry and some States in line with the BJP’s promise ahead of Uttar Pradesh elections. Agriculture Minister Radha Mohan Singh, Maharashtra Chief Minister Devendra Fadnavis and Tamil Nadu Finance Minister D Jayakumar were among those who met Jaitley to discuss various issues...
More »80% of farm suicides by cotton growers: Study -Ruchika M Khanna
-The Tribune Rural debt doubles to Rs 80,000 crore in 7 years | Most deaths reported in Bathinda, Mansa, Muktsar Chandigarh: With the rural indebtedness in Punjab’s predominant agrarian economy touching Rs 80,000 crore, each rural household in the state is under a debt of an average Rs. 8 lakh. Or simply put, 89 per cent of the 10.53 lakh households in Punjab are under debt. This also shows how rural indebtedness in...
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