-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...
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Maharashtra: Can pledge loan scheme help tide over 'tur' crisis? -Abhiram Ghadyalpatil
-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse. Timely government intervention...
More »Decoding the Agony of the Indian Farmer -Nilanjan Banik
-TheWire.in Statistical analysis suggests that farmers in states that have amended the Agricultural Produce Market Committee Act are less likely to commit suicide, but further reforms are needed to reduce the incidence of farmer suicides across the country. Every summer, it is the same old story: drought and farmers committing suicide in India. Between 2012 and 2015, over 10,000 farmers killed themselves. Farmer suicides are a major cause of political contention, despite...
More »Cheap generic vs costly branded: Issues in picking right drug in India -Kaunain Sheriff M
-The Indian Express Prime Minister Narendra Modi wants doctors to prescribe generic medicines over branded ones. KAUNAIN SHERIFF M answers key questions on the pricing of drugs and beyond. * What exactly has Prime Minister Narendra Modi said on generic drugs? Speaking in Surat on April 17, the Prime Minister referred to the Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP), which aims to provide cheaper medical drugs to the people. “In the coming days,...
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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