-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the Debt Burden of farmers is questionable. Waivers may work as...
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Will the PM Kisan Scheme Impress India's Farmers? -Varun Kumar Das
-TheWire.in The scheme is far from being inclusive and will likely exacerbate already unequal social and economic conditions. The focal point of this year’s budget has been the announcement of a new centrally-sponsored scheme, the ‘Pradhan Mantri Kishan Samman Nidhi’ (PM-KISAN). This scheme assures small and marginal farm households a guaranteed annual income support of Rs 6,000. However, this scheme is hardly the first instance of agricultural income support in the country. States...
More »Missing: The woman farmer -Sakshi Rai
-Centre for Budget and Governance Accountability (CBGA) Land rights structurally escape women. This is a fundamental issue in understanding why women’s work as farmers is largely invisible. However, the large-scale migration of men towards pursuing other non-farm employment opportunities due to the worsening agrarian crisis has pushed more women into this sector. Work is not homogenous and neither are women or their work. Perceiving work through economic lens, the policy framework...
More »With an ocean of salt -Rajeev Gowda
-The Indian Express Interim budget does little to tackle unemployment, poverty. And it is clear that the government’s figures cannot be trusted. Last month, I was part of an all-party delegation of MPs from Karnataka, led by a Union cabinet minister, who met the Union rural development minister. We requested him to release the MGNREGA funds overdue to Karnataka. We pleaded that the poorest of the poor, who turn to MGNREGA...
More »Issues in power subsidy and farm distress -Shripad Dharmadhikary, Sreekumar Nhalur & Ashwini Dabadge
-The Hindu Business Line Farmers are wrongly blamed for high power consumption. They need incentives for growing appropriate crops Agitations and loan waivers have brought the economics of agriculture in focus. Much of the discussion is about minimum support price, farmers’ net incomes and debt repayment capacities. However, the inputs side of the issue, especially the role and sustainability of subsidised inputs, also need equal attention if agriculture distress is to be...
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