-Civil Society Online Bhubaneswar: Laxman Goud, a 35-year-old farmer in Thakurpalli village in Komna block of Nuapada district of Odisha, used to lead a very simple life. He was a devoted follower of Mahima Dharma, a subaltern religion practised by underprivileged castes in Odisha. One morning, he took his life in desperation. He couldn’t repay Rs 19,000 he had borrowed from a local moneylender at 36 per cent interest. Goud had invested...

-The Indian Express Uttar Pradesh farmers have taken well to direct benefit transfers, though there are doubts if it can be extended to fertilisers. Akhilesh Yadav’s government in Uttar Pradesh is turning out to be a pacesetter in implementation of direct benefit transfers (DBT) to farmers. Farmers in UP got Rs 28.60 per quintal from the state government for the sugarcane they supplied to mills during the 2014-15 crushing season. The payments, totalling...

Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...

-The Indian Express Farmers tend to lose out irrespective of whether crop prices go up or down. Government needs to rectify this. The price of tur/ arhar dal had recently skyrocketed to Rs 200 per kg and the consumer as well as the government were at their wits’ end. Not very long ago, high onion prices were making everyone shed copious tears. In both the cases, there was profit maximisation by...

-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...