-TheWire.in Implementing the loan waiver in Chhattisgarh, MP and Rajasthan will not be easy. It will cost Rs 80,000 crore and might need the states to double the spending on agriculture. New Delhi: On Monday, the newly appointed chief minister of Madhya Pradesh, Kamal Nath, proudly announced that his first executive decision was to waive farm loans in the state. While campaigning for the assembly elections, the Congress party had promised that if...
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Loan waiver promise tipped the scales in favour of Congress in Madhya Pradesh
-PTI BHOPAL: Congress president Rahul Gandhi's promise of a farm loan waiver if his party is voted to power in Madhya Pradesh seems to have helped it reap a rich harvest of votes and end 15-year-long wait for power. In the wake of Rahul Gandhi's populist promise made during campaigning for the November 28 polls, cultivators did not sell their paddy produce and stocked them to reap the benefit of the promised...
More »Why small, marginal farmers get just 40% of total agri credit -Rajalakshmi Nirmal
-The Hindu Business Line Loan waivers have made banks wary of them; beneficiaries are farm infra/services firms Every year the Centre announces an increase in the agri credit limit, but not even half of this reaches small farmers. Small farmers typically take small loans — of less than Rs. 2 lakh. RBI data show that in FY17, the share of loans of Rs. 2 lakh or less was just 40 per cent of...
More »Without maternity benefits -Aditi Priya
-The Hindu The government’s maternity benefit programme must be implemented better and comply with the Food Security Act Yashoda Devi was five months pregnant with her third child when we met her in Jharkhand in June. She was in extreme pain. The doctor had told her that she was very weak and had advised her to improve her nutritional intake. But Ms. Devi did not have money to follow the doctor’s advice. Not...
More »Madhya Pradesh Assembly Elections 2018: Note ban woes rankle in farm belt -Sandeep Phukan
-The Hindu Congress aims to tap into ryots’ anger. Simrol (Madhya Pradesh): Congress president Rahul Gandhi’s repeated attacks on Prime Minister Narendra Modi over demonetisation at election meetings in Madhya Pradesh led the Prime Minister to declare that Mr. Gandhi’s party is yet to revive from the “shock” inflicted by the note ban. “Only the Congress and one family are still crying because what they had pilfered for four generations was lost in...
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