-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...
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New MP, Chhattisgarh CMs' loan waivers to not benefit 3.5 million farmers -Jitendra
-Down to Earth The schemes Kamal Nath and Bhupesh Baghel announced soon after taking oath will not help those who take loans from money lenders Living up to their Poll promises, Kamal Nath and Bhupesh Baghel, the newly elected chief ministers of Madhya Pradesh and Chhattisgarh, soon after taking oath, announced that their government will waive off farm loans. While the MP government will waive off loans of up to Rs 2...
More »Promising the moon, but will they deliver?
-Livemint.com Taking a cue from election results, political parties may announce more farm loan waivers but this will do little to fix the persistent distress in rural households The drubbing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections in Madhya Pradesh, Rajasthan and Chhattisgarh has proved beyond doubt that all isn’t well in India’s hinterland. An analysis of the poll results in these three states show that the...
More »Perils of over promising -Ashok Gulati
-The Indian Express Manifesto pledges to raise farmers’ incomes and increase MSPs take away focus from the structural reforms that are urgently required. It is a season of promising freebies to lure voters. The Congress leads in making these promises. The party has promised to waive farmers’ loans in Chhattisgarh within 10 days if it is voted to office. It has also promised a hike in minimum support price (MSP) of...
More »Is loan waiver a panacea for rural distress? -Nilanjan Banik
-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of farm loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....
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