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Maharashtra: Doubts loom over bank loans, may hit over three lakh farmers -Partha Sarathi Biswas

-The Indian Express The Maharashtra Gramin Bank has written to the district collectors of eight districts expressing inability to disburse crop loans for the upcoming kharif season. Mumbai: The prediction of a good monsoon may not be enough to bring cheers to farmers of Marathwada, as questions are being raised over disbursement of crop loans in the region. The Maharashtra Gramin Bank has written to the district collectors of eight districts...

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Polavaram is reaping the Jan Dhan benefit -Gunturi Naga Sridhar

-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...

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An election less democratic -Kirti Singh

-The Indian Express Haryana panchayat poll outcome does not reflect the state’s social composition The panchayat elections in Haryana have yielded results drastically different from previous elections. This is because a large number of persons were barred from contesting these elections due to educational and other disqualifications introduced through amendments by the Haryana assembly in September last year. In the widely criticised Rajbala and others vs State of Haryana judgment, the Supreme...

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Ramesh Chand, Member, NITI Aayog speaks to Richa Mishra and Surabhi

-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...

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Ending the debt-suicide cycle in Telangana -B Yerram Raju

-The Hindu Business Line Recently, the Telangana Agricultural Advisory Forum, consisting of a few university professors and scientists, deliberated on the causes and consequences of the drought and farmer ‘suicides’ in the State. The unofficial number of suicides attributed to farm families is 1,152. An inquiry into some of the recent suicides reveals an interesting picture. The farmers were not indebted to cooperative credit societies or commercial banks. The case of a...

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