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Farmer suicides: 70% of India's farm families spend more than they earn -Devanik Saha

-IndiaSpend.org   The failing economics of such farms–agricultural households in the south are most inDebted–are exacerbated by additional loans that families take to meet health issues, leaving them with diminished ability to invest in farming. Nearly 70% of India’s 90 million agricultural households spend more than they earn on average each month, pushing them towards Debt, which is now the primary reason in more than half of all suicides by farmers nationwide,...

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Maharashtra's farm loan waivers to aid Vidarbha, Marathwada farmers more -Abhiram Ghadyalpatil

-Livemint.com Maharashtra’s capping of farm loan waiver will benefit farmers of drought-prone regions more than those in prosperous western, northern areas Mumbai: By capping the farm loan waiver at Rs1.5 lakh per farmer regardless of land holding, the Maharashtra government has ensured that farmers in the critically affected Marathwada and Vidarbha stand to gain more than those in the prosperous western and northern regions. Farm activists and at least one member of the...

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Along Cauvery, burned down by drought and Debt -Vidya Venkat

-The Hindu Six months after Tamil Nadu was declared drought-hit, farmers across the Delta districts are no longer blaming Karnataka On June 12, the customary date on which the Mettur dam in Salem district is opened to provide water to the lower reaches of the Cauvery, the riverbed stretched as far as the eyes can see, barren as a desert. P. Ayyakannu, the farmer-leader who recently led a series of protests against...

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Why the Farmers in India are Up in Revolt -Subin Dennis

-Newsclick.in Forget 50 percent profit over the cost of production, the farmers were forced to sell their produce at well below the minimum support price and the cost of production, pushing them deeper into Debt. Farming turning increasingly unviable across vast swathes of India, and the Narendra Modi-led government not delivering on the BJP’s election promise to “make agriculture rewarding” lie behind the massive protests that have rocked several BJP-ruled states in...

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Rs 34,000cr loan waiver

-PTI/ The Telegraph Mumbai: The BJP-led Maharashtra government today unveiled a Rs 34,020-crore farm loan waiver scheme, under which Debt of up to Rs 1.5 lakh each will be written off, making 40 lakh farmers Debt-free and providing relief to 49 lakh others. Chief minister Devendra Fadnavis said this was the "biggest" loan waiver scheme in the country. He said all BJP ministers and legislators would contribute a month's salary towards the...

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