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How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J

-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...

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Monsoons and markets -Ashok Gulati

-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...

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Maharashtra sees 1,300 suicides by farmers in only 6 months this year -Priyanka Kakodkar

-The Times of India MUMBAI: As the farm crisis rocks the state assembly, there is no escaping the fact that the despair in Maharashtra's countryside is only deepening. The farmer suicide count in the six-month span from January to June this year stood at 1,300 cases, the state's revenue department figures show. So in just six months this year, the farmer suicide toll has already touched 66% of the 1,981 cases recorded...

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Farmers in the prime of life succumbing to ‘anxiety’ -Shankar Bennur

-The Hindu Inability to repay loans, and uncertain future taking a toll on young farmers Mysuru: Even as the disturbing trend of debt-ridden farmers ending their lives is turning chronic, most among them, at least in Mysuru district, were in their youth and had perhaps entered the vocation with much hope. At a time when youngsters are being encouraged to take up farming, the ongoing Agrarian crisis in the State may drive them...

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Paradox Of Farm Credit -PSM Rao

-Outlook Despite claims, closer scrutiny of the data shows that the actual farmers are not getting enough support. There are tall claims on the farm credit front while there has not been any let up in the Agrarian crisis, indicated chiefly by the continued farmers' suicides in different parts of the country. Yes, there is enough evidence for the government to show a heavy flow of credit to the farmers through...

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