-The Hindu Business Line The trend of Farm Loan waivers has gripped the country and Karnataka is the latest to jump on to the bandwagon. The fiscal strain of Farm Loan waivers on the States is worrisome. As per RBI, the gross fiscal deficit (GFD) of States rose to 3.1 per cent of GDP in 2017-18, breaching the threshold of 3 per cent GFD/GSDP ratio recommended by the Finance Commission. This threshold has...
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Need for changes in agrarian policy
-The Hindu All India Kisan Sabha to take out march to Parliament in November Tamil Nadu: The All India Kisan Sabha, along with over 190 farmers organisations from across the country, would take out a three-day ‘Kisan Mukthi Long March’ to Parliament in November seeking radical changes in the agrarian policy in order to prevent farmers’ suicides under a neo-liberalisation regime, said its national president Ashok Dhawale. He is here in connection with...
More »Modi's Flagship Crop Insurance Scheme Wavering as Farmers Continue to Suffer -Bani Bedi
-TheWire.in In Maharashtra, a mere 7% of total claims have been settled under the Pradhan Mantri Fasal Bima Yojana. New Delhi: In April this year, Beed district in Maharashtra won an award for ‘effective implementation’ of the Pradhan Mantri Fasal Bima Yojana (PMFSBY) – the Centre’s flagship crop insurance scheme for farmers. However, last week it was reported that farmers in Beed were provided compensation amounts of Re 1, Rs 2,...
More »How Telangana supports farmers with Rs 4,000 for every acre they own -Sreenivas Janyala
-The Indian Express A look at the scheme Rythu Bandhu, seen by Arvind Subramanian as a template for agriculture policy. Hyderabad: A support scheme for farmers in Telangana has earned the appreciation of outgoing Chief Economic Advisor Arvind Subramanian, who spoke about it during an Idea Exchange interaction with The Indian Express journalists and then wrote in The Financial Express that it can be the template for social and agricultural policy. Called...
More »Maharashtra: In three months, 639 farmers committed suicide owing to crop failure and debt
-The Indian Express "Of the 188, families of 174 farmers have received compensation," Revenue Minister Chandrakant Patil said, saying 122 cases were declared ineligible for compensation, while 329 cases are pending for further investigation. New Delhi: Maharashtra Revenue Minister Chandrakant Patil has said 639 farmers have committed suicide in three months (March to May) this year due to pressing debt, crop failure and the inability to repay bank loans. Patil was replying...
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