-The Times of India Chandigarh: Nearly three months after being sworn in, the Congress government in Punjab is still working on farm debt waiver, its key poll plank in the last assembly elections. But even as the government panel hopes to submit an interim report this week, independent experts point out that given the poor financial health of the state and the Centre in no mood to offer a bailout, the...
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Two charts show why western Madhya Pradesh became the epicentre of violent Farmer protests -Mridula Chari
-Scroll.in Soyabean, the main crop of Malwa region, has seen a sharp fall in prices. As a small-time commission agent who buys soyabean from Farmers on behalf of oilseed crushing companies in Indore, Manilal Patel has a ringside view of what sparked the Farmer unrest in western Madhya Pradesh this month. The fertile Malwa plateau here produces around 20% of India’s’s soyabean. As much as 80% of the crop used to be...
More »Cabinet clears 5% interest subvention for crop loans
-The Hindu Scheme will continue for one year, be overseen by NABARD Amid growing protests over farm sector distress, the Cabinet has approved the extension of the interest subvention scheme for Farmers to 2017-18. Short-term crop loans up to Rs. 3 lakh will receive a subvention of 5%, effectively reducing the rate for Farmers to 4%. The government has earmarked a sum of Rs. 20,339 crore for this. The interest subvention scheme will...
More »Chouhan meets deceased Farmers' kin, gives Rs. 1 cr each in aid
-PTI Mandsaur (M.P.): Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Wednesday visited Mandsaur, where five Farmers were allegedly killed in police firing during a protest, and handed over Rs. 1 crore each as aid to the kin of the deceased. Chouhan, along with wife Sadhna, reached Mandsaur on a special plane and first went to Badwan village to meet the kin of Ghanshyam Dhakad, who was among the six killed in...
More »Why are Farmers up in arms? Here's a quick primer to a deepening crisis
-The Economic Times NEW DELHI: Farmers protesting in Madhya Pradesh and Maharashtra demand better prices for their produce and loan waivers. But low prices and loans are not the real problems. These are mere symptoms of structural problems which cannot be solved by temporary measures such as a loan waiver. "While such turmoil appears to have immediate causes, their sources are rooted in problems that lie deeper," says Prakash Bakshi, a former...
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