-The Times of India Demands for loan write-offs being stonewalled by the government seems to be the primary reason driving the country's farm folk to protests that are periodically degenerating into violence. Additionally, the governments' unwillingness to increase the minimum support price (MSP) to check food-induced inflation that would impact voters, too, could be a factor. While UP government's decision on April 12 to announce loan waiver for the state's three crore farmers...
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Farmers can opt for multiple crops to escape glut crisis -Krishna Thevar
-The Economic Times MUMBAI: What has made the Maharashtra farmer hit the streets, dump his produce and even attack suppliers? A combination of weather, unscrupulous middlemen and lack of discretion on crop seems to have wreaked havoc on their lives. Rainfall in Maharashtra has been deficient in 2011 and the situation turned worse leading to a severe drought till 2015. In 2016, farmers got relief with normal rains, when they got back...
More »Farm loan waivers by states might hit Rs 2,57,000 crore by 2019 elections: BofA-ML Report
-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...
More »Devendra Fadnavis waives Farm loans of Rs 30,000 crore, but protests spread -Shubhangi Khapre & Parthasarathi Biswas
-The Indian Express Devendra Fadnavis said, “The loan waiver, which will come into force by October 31, 2017, will be restricted to small and marginal farmers with land holdings of five acres.” Pune: In the face of spiralling protests across Maharashtra, Chief Minister Devendra Fadnavis on Saturday announced a farm loan waiver of Rs 30,000 crore, the biggest such write-off for farmers in the state. But by afternoon, it was clear that...
More »Indigenous community in Dang fights for land rights -Gajanan Khergamker
-VillageSquare.in The people of Navagam village in Dang district of Gujarat have said they would boycott upcoming assembly polls if the government does not resolve the long pending issue of land and house titles Dang (Gujarat): The 1,300 residents of Navagam village in Gujarat’s Dang district, an ethnic people living adjacent to Saputara, the state’s only hill station, are up in arms over their demand for land and rights in an area...
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