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Loan waiver leaves Indian Farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija

-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to Farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...

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Does the Banking System Really Want to Help Farmers? -Devinder Sharma

-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...

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West Bengal government to help Farmers to grow 800 varieties of rice -Sutanuka Ghosal

-The Economic Times West Bengal government has firmed up plans to provide assistance to Farmers to enable them to grow 800 varieties of aromatic rice, many of which are rarely grown nowadays. Among the aromatic varieties identified for special treatment are kanakchur, randhuni, chandrachur, radhatilak, badshahbhog and kerala sundari. Bidhan Chandra Krishi Viswavidyalaya in Kalyani is playing a major role in identifying the varieties of rice, as well as finding out ways...

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Why Are Banks Deducting Money From Farmers' Accounts Without Permission? -Nitika Kakkar and Deepak Vaishnav

-TheWire.in Banks are deducting ‘crop insurance premiums’ from Farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...

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Sustainable Agriculture: Punjab's search for a less water-guzzling, yet high-yielding paddy -Divya Goyal & Harish Damodaran

-The Indian Express A new 125-day rice variety promises to provide some respite to Punjab Farmers, depleting aquifers Ludhiana: A new variety maturing within 125 days, yet yielding nearly as much as those now grown over 135-160 days, could provide the ultimate solution to Punjab’s woes stemming from farming of water-guzzling paddy. Punjab Agricultural University (PAU) has released a paddy variety PR-126 that gives an average of 30 quintals per acre. This is...

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