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Tamil Nadu: Lion's share of bank loans against gold, villages fall prey to loan sharks -Arun Janardhanan

-The Indian Express Census data of 2011 shows a 17.74 per cent increase in worker population since 2001, indicating a crucial shift from farms as productivity fell. Thiruvarur: B CHANDIRAN is the only male member below the age of 50 in Dalit-dominated Oradiymbalam Jeeva Nagar village in Nagapattinam district. Hunted by loan sharks, the other men in this village of over 60 families have left, and are now doing menial jobs...

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Centre rules out farm loan waivers to states

-PTI NEW DELHI: Finance minister Arun Jaitley today ruled out farm loan waivers by the Centre but said states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. "This issue (loan waiver) has cropped up in several states. The Centre has its policies for agriculture sector under which we provide interest subvention and other...

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Closed mill robs farmers of sugarcane sweetness

-The New Indian Express BARGARH: Harvesting of sugarcane in Bargarh district has been delayed by over three months, leaving the farmers worried. While sugarcane grown in the last kharif season is yet to be harvested, the target area for the crop in the current rabi season has been increased by almost 300 hectares (ha). Harvesting has been stopped as the State-owned Bargarh Cooperative Sugar Mills that procures the entire sugarcane stock...

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Farm loan waiver is no solution to farmers' woes -Tamal Bandyopadhyay

-Livemint.com The focus should be more on making the prime minister’s crop insurance scheme a success than demanding Farm loans waivers from banks Last week, the Indian National Congress at the Maharashtra assembly submitted a breach of privilege notice against State Bank of India chairman Arundhati Bhattacharya for “insulting farmers and the House” by her remarks on farm loan waiver. The leader of the opposition in the state assembly, Radhakrishna Vikhe Patil,...

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Centre initiates discussion on farm loan waiver

-PTI Maharashtra, TN among States seeking relief; hold talks with Finance Minister New Delhi: Finance Minister Arun Jaitley on Friday initiated discussions on a farm loan waiver scheme with the Agriculture Ministry and some States in line with the BJP’s promise ahead of Uttar Pradesh elections. Agriculture Minister Radha Mohan Singh, Maharashtra Chief Minister Devendra Fadnavis and Tamil Nadu Finance Minister D Jayakumar were among those who met Jaitley to discuss various issues...

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