-IANS As demands for farm-loan waivers grow across Punjab, Haryana, Tamil Nadu, Gujarat, Madhya Pradesh, and Karnataka -- after Uttar Pradesh and Maharashtra wrote off loans worth Rs 36,359 crore and Rs 30,000 crore, respectively -- India faces a cumulative loan waiver of Rs 3.1 lakh crore, or 2.6 per cent of its GDP in 2016-17. A waiver of this scale could pay for the 2017 rural roads budget 16 times over...
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Modi Government's Skewed Farm Sector Priorities Continue to Cause Farmer Distress -Ashwini Kulkarni
-TheWire.in While most farmers and farm land are from rainfed areas, the government focuses only on irrigated areas. How long will this unfair treatment continue? After an intense period of farmers’ agitation, the Maharashtra government has announced a loan waiver. Madhya Pradesh continues to simmer. Tamil Nadu farmers have expressed their distress in no uncertain terms. The loan waiver will probably make the farmers feel relieved for now, but the pivotal question...
More »Small or marginal farmers: Debt waiver tough call for Punjab -Vibhor Mohan
-The Times of India Chandigarh: Nearly three months after being sworn in, the Congress government in Punjab is still working on farm debt waiver, its key poll plank in the last assembly elections. But even as the government panel hopes to submit an interim report this week, independent experts point out that given the poor financial health of the state and the Centre in no mood to offer a bailout, the...
More »Why are farmers up in arms? Here's a quick primer to a deepening crisis
-The Economic Times NEW DELHI: Farmers protesting in Madhya Pradesh and Maharashtra demand better prices for their produce and loan waivers. But low prices and loans are not the real problems. These are mere symptoms of structural problems which cannot be solved by temporary measures such as a loan waiver. "While such turmoil appears to have immediate causes, their sources are rooted in problems that lie deeper," says Prakash Bakshi, a former...
More »Farmer agitations point to a deeper problem in our agricultural system -Prakash Bakshi
-The Economic Times blog With loan waivers granted on Sunday to farmers in Maharashtra, and to farmers in Uttar Pradesh in April, Madhya Pradesh’s agriculturalists continue to demand waivers and the revision of the minimum support price even after protesting farmers in Mandsaur were shot dead by the police. While such turmoil appears to have immediate causes, their sources are rooted in problems that lie deeper. Today’s level of food grain production...
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