-PTI Arun Jaitley had last year said that the Centre will not be part of a state's fiscal leverage in waiving farm Loans and the cost has to be borne by the states Mumbai: The Maharashtra government today made allocations worth Rs 14,240 crore for the farm loan waiver scheme and for repayment to farmers whose produce was purchased by the state. The state's cooperation and marketing department today issued a Government Resolution...
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Trying to address farm challenges: Gujarat chief secretary -Vasudha Venugopal
-The Times of India NEW DELHI: The Gujarat government is taking measures to meet rural challenges, chief secretary JN Singh told ET on Friday. The government was focused on improving implementation of schemes related to irrigation, minimum support price and crop insurance for farmers. Gujarat saw a tough fight in the recently-concluded assembly polls, with BJP winning only 7 seats more than what was needed for an absolute majority. BJP lost 13...
More »Karnataka farmers seek more support as loan waiver fails to impress -Indulekha Aravind
-The Economic Times MANDYA (KARNATAKA): Lingappa is unsure of what the future holds for his family. The 53-year-old coconut farmer in Mandya in southern Karnataka couldn't sow anything on his one-acre field this year because there was not enough water. The trees that should have been bearing fruit are stripped bare by disease. In the midst of all this, he has to find money for his younger daughter's wedding in March....
More »Why are farmers distressed across India? -Vikas Vasudeva
-The Hindu * What’s the problem? The year 2017 was marked by several farmers’ protests nationwide, with a few turning violent. Last month, in New Delhi, 184 farmer groups came together from Tamil Nadu, Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab and Telangana to take part in a ‘protest walk.’ The protest once again highlighted the plight of farmers and the extent of agrarian distress. The agriculture sector is characterised by instability in incomes...
More »Bhargavi Zaveri, senior research associate at the Indira Gandhi Institute of Development Research, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...
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