-The Indian Express As there are 21.6 crore small and marginal farmers — most of whom are not in a position to repay the loan or put collateral — such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. Mumbai: The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral...
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Jharkhand's Starvation Deaths Raise Questions About India's Welfare Schemes -Abinash Dash Choudhury
-TheWire.in On January 1, an 80-year-old woman died of starvation. The family slipped through the many government schemes meant to provide Relief. Outside her deceased mother’s rented house in Mahuadanr block of Jharkhand’s Latehar district sat Bhagiya Birjain. Bhagiya, a widow, lived in a nearby settlement after her marriage. She was the first to arrive after hearing that her mother, Budhni Birjiyan, 80, died while she was alone, on the night of...
More »Farm loan waivers are not the panacea -Anjani Kumar & Seema Bathla
-The Hindu Business Line The Centre and States must eschew the politically expedient option of loan waivers and look for long-term solutions The sweeping wave of loan waivers has generated serious debates across the country on their economics and likely outcomes. Till date 12 States have announced loan waiver amounting to more than Rs.2 lakh crore. Loan waiver cannot be a solution to address the agrarian crisis, instead the government must look for...
More »Miners in Meghalaya overlooked risks for higher pay -Rahul Karmakar
-The Hindu A majority of men in Bogidari in Chirang district have worked at some point in Meghalaya’s coal mines BOGIDARI: Mohammad Hussain Sheikh recalls how a letter from the sirdar (manager and mine supervisor) of a Meghalaya coal mine in 2002 had helped him heave a big sigh of Relief. It simply read: “You are hired. Come before the season starts in a few days.” Mr. Sheikh, now 48, was desperate...
More »Farm loan waiver: How to nip it in the bud -Naveen P Singh
-The Economic Times Despite substantial increase in agriculture production and productivity levels over the years, farmers’ indebtedness has not changed significantly. According to the National Bank for Agriculture and Rural Development (Nabard) All India Rural Financial Inclusion Survey (Nafis) 2016-17, 52.5% of agricultural households were indebted. Considerable efforts have been taken in channelising institutional credit to farmers and raising farm credit disbursement targets, with allocations increasing by Rs 1 lakh crore in...
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