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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...

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India's first community radio still makes the right connect -R Avadhani

-The Hindu Sangam, which went on air in 2008, continues its two-hour broadcast in Telugu and reaches out to people of 150 villages in Telangana Musligari Nagamani, a farmer, is listening to the radio sitting a few inches away from her as she cooks dinner on firewood in her tiled-roof house. The broadcast in Telugu is peppered with local colloquialisms and slang. This is how evenings are spent in most houses in...

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Drought takes toll on poultry sector -KV Kurmanath & Vishwanath Kulkarni

-The Hindu Business Line Soaring temperatures, transport strike add to woes in the South Hyderabad/ Bengaluru: Summer is not a great season for the poultry industry. Oppressive heat, increase in feed costs and depleting groundwater levels tell on production. This year’s drought in the southern States and transport strike have only added to the problems, resulting in a 20-25 per cent price drop. The overall cost of production has gone up by 10 per...

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Chilli farmers in Telangana, AP see red -KV Kurmanath

-The Hindu Business Line With bumper crop halving prices, traders are refusing to lift stocks Hyderabad: Chilli farmers in Telangana are in a belligerent mood as prices plummeted by more than half. With the State witnessing a bumper crop, the markets are flooded with the produce. As traders are refusing to lift the produce at a remunerative price, huge stocks are piling up at the market yards at Khammam, Warangal and in...

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Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija

-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...

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