-The Indian Express Agrarian crisis is an opportunity, for the government that assumes office after elections, to enact a law giving farmers the right to sell any quantity of their produce to anybody, anywhere and at any time. The German obsession with sound currency has been conditioned by the collective memory of the Great Hyperinflation of 1922-23, just as American intolerance to double-digit unemployment and stock market crashes is traceable to...
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'Access to formal credit increases income of farmers' -TV Jayan
-The Hindu Business Line Letting farmers use Kisan Credit Card for non-farm use for a limited time can help improve credit facility to small farmers The returns earned by farmers, who have access to formal credit, are on an average 17 per cent higher than what farmers, who are dependent on informal sources including loan sharks, earn, said an agricultural economist. Besides, access to institutional credit increases the per capita monthly consumption expenditure...
More »How Modi govt managed to transfer funds to 2 crore farmers just 3 weeks after big promise -Remya Nair
-ThePrint.in Modi govt is looking to deliver first instalment to all 12 crore beneficiaries by 31 March but faces a host of challenges, including non-cooperative opposition states. New Delhi: The Narendra Modi government managed to transfer funds to nearly one crore beneficiaries under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme on 24 February, a little over three weeks after it was first announced in the budget, and within a week of...
More »Amritsar: Punjab farmers call off protest after court's intervention
-PTI AMRITSAR: Protesting farmers in Punjab called off their agitation on Wednesday after Punjab and Haryana high court asked the state government to look into their demands. The farmers had been squatting on the rail tracks in Amritsar since March 4 in support of their demands, including full loan waiver, stopping the auction of land and arrest of farmers, and payment for sugarcane crop with 15 per cent interest. A petition seeking the...
More »Maharashtra asks banks not to divert PM-Kisan money to farmers' loan accounts -Radheshyam Jadhav
-The Hindu Business Line Pune: Noticing that some banks had diverted the first instalment of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme to farmers’ loan accounts, the Maharashtra government has instructed banks to return the money to farmers. Speaking to BusinessLine, Maharashtra’s Commissioner of Agriculture, Suhas Diwase, said that banks that had diverted the PM-Kisan instalment to farmers’ loan accounts have reversed the transactions after the government’s instructions: “There are strict instructions...
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