-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...

-AlJazeera.com How rising debts, pesticides and erratic rainfall are pushing some farmers in southern India to suicide. Karnataka: Farmers have worked the land of southern India for more than 10,000 years, making use of its fertile soil and abundant rains. Mahatma Gandhi placed Indian farmers at the centre of his vision for independence. In his 1909 book about Hind Swaraj (Indian Home Rule), he argued that farmers had "managed with the same kind...

-Livemint.com Farm loan waivers are a bad idea. They were a bad idea in 2008 when the UPA was in power, and continue to be so in 2017 with the NDA in power Several parts of India are in the grip of an agrarian crisis. In part, this is because of the cumulative effect of bad monsoons. Farmers in many parts of India are still dependent on the annual rains which were deficient...

Promises are made to be broken. In its 2014 Lok Sabha election manifesto, the Bharatiya Janata Party (BJP) made the promise that if it is elected to the Centre, it will then accord a high priority to job creation and opportunities for entrepreneurship, among other things. But latest data on unemployment shared by the BJP MP Shri Bandaru Dattatreya in written form while replying to an unstarred question in the...

-The Hindu Business Line Bengaluru: “There is no wateror fodder this year, and it has become tough to manage my three cows,” says Nagamma, a dairy farmer at Maradevanahalli village in Maddur taluk. The cows and her one-acre farm are her only sources of livelihood. “The milk yields have reduced: these days I get only about 5-6 litres, against 10-12 litres earlier,” she adds. The Maradevanahalli village panchayat provides about 200 litres...