-The Hindu Business Line The solution lies in better prices for produce, generating non-farm income, and reducing costs of farming After the Yogi Adityanath government waived farm loans of about ?36,000 crore for UP farmers, pressure has mounted on other States to follow suit. But contrary to common belief, debt waivers aside from possibly guaranteeing electoral victory, do little to alleviate the plight of farmers. Neither do they help kick-start the rural...
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MGNREGA job cards cancelled to meet Aadhaar-linking targets: Jean Dreze -Saubhadra Chatterji
-Hindustan Times Eminent social scientist Jean Dreze has alleged that MGNREGS job cards have been cancelled in some states to meet targets of linking them with the Aadhaar project. Dreze’s remarks come amid a political row over the government’s attempt to expand the mandatory use of the country’s unique identity scheme. The scheme, launched under the Mahatma Gandhi National Rural Employment Guarantee Act, ensures employment to the rural population through one job...
More »In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman
-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...
More »Prelude to a contagion -Ashok Gulati & Siraj Hussain
-The Indian Express UP’s farm loan waiver could prompt other states to follow suit, evade real reasons for agricultural distress The new Uttar Pradesh Chief Minister, Yogi Adityanath, has hit the ground running. In his first cabinet meeting, he took three important decisions with regard to farmers. First, he waived farm loans of more than Rs 36,000 crore, primarily of the small and marginal farmers who comprise 92 per cent of the...
More »Krishna Byre Gowda, Karnataka Agriculture Minister, interviewed by Vishwanath Kulkarni (The Hindu Business Line)
-The Hindu Business Line Karnataka, the first State to formulate an organic farming policy way back in 2004, has stepped up measures to spread the concept among farmers in recent years. Also, it has been working on rebuilding farmers’ interest in millets through incentives such as guaranteed buy-back and a bonus over the minimum support price. To provide market linkages to the over 1 lakh organic farmers in the State, the Karnataka government...
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