-The Times of India PUNE: The India Meteorological Department (IMD) has found the behaviour of the monsoon this year to be "peculiar", saying this may have been responsible for the delayed onset over central India. "This behaviour of the monsoon is peculiar and may put weather forecasters in a spot while declaring the onset in various parts of the country," an IMD official said. The official, referring to the IMD's latest Operational Extended...
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Modi Government's Skewed Farm Sector Priorities Continue to Cause Farmer Distress -Ashwini Kulkarni
-TheWire.in While most farmers and farm land are from rainfed areas, the government focuses only on irrigated areas. How long will this unfair treatment continue? After an intense period of farmers’ agitation, the Maharashtra government has announced a loan waiver. Madhya Pradesh continues to simmer. Tamil Nadu farmers have expressed their distress in no uncertain terms. The loan waiver will probably make the farmers feel relieved for now, but the pivotal question...
More »Waiving farm loans is not only bad for the economy but also detrimental to interests of the farmer -Ram Singh
-The Economic Times blog Farmers, from Punjab in the north to Tamil Nadu in the south, have started agitations demanding farm loans be waived. The Uttar Pradesh and Maharashtra governments have already considered it politically expedient to write them off. Some other states may follow the suit. However, such decisions are as misguided as they are misleading. Nonetheless, it will be a mistake to treat the agitations as a domino effect of...
More »UP farm loan write-off sowed seeds of stir?
-The Times of India Demands for loan write-offs being stonewalled by the government seems to be the primary reason driving the country's farm folk to protests that are periodically degenerating into violence. Additionally, the governments' unwillingness to increase the minimum support price (MSP) to check food-induced inflation that would impact voters, too, could be a factor. While UP government's decision on April 12 to announce loan waiver for the state's three crore farmers...
More »How demonetisation crippled bank lending -Paras Chakravarty
-Livemint.com Bank loans to rural India were the most affected, but other parts of the country also saw a deceleration in credit growth, RBI data shows It is, of course, well known that the growth of bank credit slowed in the second half of 2016-17 due to demonetisation. Reserve Bank of India (RBI) data shows that as on 30 September 2016, the annual rate of growth of bank credit was 12.1%. That...
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