-Livemint.com Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade Last week, Farmers agitating for better prices for their produce of onions and pulses—prices for both of which have witnessed a steep fall in recent months—in Mandsaur district of western Madhya Pradesh turned violent. Coming in the backdrop of a similar agitation by Farmers in...
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Why loan waivers won't fix India's agriculture woes -Milind Murugkar
-The Economic Times Yogi Adityanath’s government in Uttar Pradesh opened a Pandora’s box of loan waivers and there seems to be no stopping it. The BJP, perceived by many as a reformist party committed to addressing chronic structural issues, is taking populism to new heights. Loan waivers could prove to be a huge drain for the exchequer and might deal a blow to the creation of much-needed infrastructure in agriculture. The chief...
More »Haryana Farmers refuse to withdraw agitation -Sukhbir Siwach
-The Indian Express State govt starts gathering details of outstanding farm loans Chandigarh: Agitating Farmers in Haryana have refused to withdraw their agitation despite the acceptance of several demands of Farmers in Maharashtra and Madhya Pradesh. Haryana Farmers, who are sitting on dharna in many parts of the state, have decided to block national highways and state highways for three hours on June 16. On the other hand, keeping in view the...
More »Why are Farmers protesting despite bumper harvests? -Roshan Kishore
-Livemint.com Behind the rising tide of Farmers’ protests lie several structural weaknesses facing the farm economy In a year when farm growth has crossed the 4% mark and official statistics show a record increase in production, one would have expected Farmers to celebrate. Instead, Farmers in states such as Madhya Pradesh and Maharashtra are out on the streets protesting, and in some cases, facing bullets from the local police. What explains this...
More »Maharashtra Farmer laon: 1.36 crore Farmers have a total loan of Rs 1.14 lakh crore -Shubhangi Khapre
-The Indian Express Finance Minister Sudhir Mungantiwar says Maharashtra is a huge state and there are ways to raise the funds Mumbai: The Maharashtra government will have to provide Rs 1.14 lakh crore to write off the entire loan burden of all 1.36 crore Farmers in Maharashtra, stoking concerns given the state’s debt burden of Rs 4 lakh crore. Highly placed sources said the state budget for 2017-18 was Rs 2.57 lakh...
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