-The Hindustan Times India is likely to face a cotton glut this year. The surplus, however, will be of little comfort to suicide-prone and highly indebted farmers, who stare at a sharp drop in earnings - prices are already down 14% compared with last year. The crisis has to do with a slowdown in China, which is forecast to slash by half the amount of cotton it will import this year, most...
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Travel bar on green activist
-The Telegraph New Delhi: Indian immigration today stopped a Greenpeace activist from flying to Britain where she intended to tell parliamentarians that a London-registered company's coalmining activities in India were infringing on forest communities' rights. The environmental organisation said its senior campaigner Priya Pillai, who had a valid business visa to visit Britain, was stopped at Delhi airport and denied permission to board her London flight. Her passport was stamped "offloaded". Pillai had...
More »Revisiting rural indebtedness - CP Chandrasekhar
-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
More »Karnataka sees dip in farmer suicides in five years
-The Times of India BENGALURU: Farmer suicides have been on the rise in neighbouring Maharashtra and Telangana. But Karnataka appears to be bucking the trend, with the number of cases showing a sharp decline over the past five years. According to latest data from the state agriculture department, the number of farmers' suicide in Karnataka has declined from 145 in 2009-10 to 50 in 2014. This despite drought and other natural calamities...
More »“Zero-budget farming can curb farmers’ suicide”
-The Hindu VIJAYAWADA: There is no need for farmers to commit due to debt burden, if they practise ‘zero-budget natural farming', said Subhash Palekar, organic farming crusader. Addressing farmers from 17 districts in AP and Telangana at a workshop on his model of farming, Mr Palekar said farmers could cultivate 30 acres profitably using farm yard manure generated by one cow or buffalo. The farmers did not need to invest money on...
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