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How agri credit is a source of survival for small farmers -Radheshyam Jadhav

-The Hindu Business Line A majority of them take loans from moneylenders and for non-agricultural needs A few years ago when Chayatai Parkhi’s husband Ashok ended his life as he was unable to pay debt taken from banks and moneylenders, Chayatai was forced to take another loan from a moneylender to perform a series of religious rites after the cremation of her husband. Ashok had taken a loan for his daughter’s marriage...

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Co-Lending: A Double Deal for Recolonising Peasantry, Helping Corporate Cronies -Prabhat Patnaik

-Newsclick.in Through “nationalised banks-NBFC” deals, the Modi government is trying to achieve what the three farm laws could not achieve. In colonial times, the peasantry had to borrow from private moneylenders. According to Provincial Banking Enquiry Committee reports, these moneylenders in turn borrowed from commercial banks. But while disbursing credit to the peasants and charging exorbitant interest rates, the money lenders at least bore the whole of the lender’s risk. The banks...

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Low grant sanctions, disbursement: India wants to promote FPOs but where are the funds? -Shagun

-Down to Earth Eligibility threshold for FPOs should be reduced or support provided to meet the criteria, experts feel Farmer producer organisations (FPO) figure prominently in government policies and the ambitious plan to double farmers’ income by 2022. But funds remain elusive for these bodies, according to a recent analysis.  Just 1-5 per cent of FPOs have received funding under central government schemes introduced to promote them in the last seven years, the...

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Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey

The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...

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Modi’s charisma intact, but Jats of western Uttar Pradesh want more -Anuj Kumar

-The Hindu Amid religious polarisation, agrarian issues still resonate with the community ALIGARH/ HATHRAS: As the Bharatiya Janata Party (BJP) faces the Jat challenge in western Uttar Pradesh, the message from the ground in Aligarh and Hathras districts is mixed. While there are many who still swear by the ruling party for providing suraksha, bijli aur sadak (safety, electricity and roads), there are others who feel the party has let down a vote...

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