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Indian banks gave more home loans than agricultural credit

In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...

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Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey

The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...

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Farm labourers given drugs to work longer, Centre tells Punjab; bid to malign image, says farmer leader -Deeptiman Tiwary and Raakhi Jagga

-The Indian Express Jagmohan Singh, general secretary of BKU Dakaunda and member of All India Kisan Sangharsh Coordination Committee (AIKSCC), accused the Centre of trying to “malign the image of farmers”. Ludhiana: In a letter that could trigger a new flashpoint in its ongoing five-month-long face-off with protesting farmers from Punjab, the Centre has asked the state government to take action on the findings of a probe by the BSF that migrant...

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Farmers Protest: political laws can’t be lobbed to SC, say protesters -Anita Joshua

-The Telegraph The agitators have repeatedly refused to implead themselves in the case despite the apex court offering them the option The All India Kisan Sangharsh Coordination Committee on Sunday said the “Supreme Court does not and cannot have any role” in resolving the deadlock over the new farm laws, adding that their enactment reflected a political decision to place corporate interests over those of farmers. The AIKSCC, which had given the “Dilli...

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CPIM’s All India Kisan Sabha plays key role in building solidarity for farmers’ protest -Saubhadra Chatterji

-Hindustan Times For the AIKS, the experience of 2014 movement against the land bill and the 2018 long march in Maharashtra came handy this time The CPIM in India had long mastered the art of issue-based support. It’s farmer arm, All India Kisan Sabha (AIKS), increasingly widened the scope of such pacts to stage big-ticket protests such as the ongoing farmers’ agitation in the National Capital Region. For the AIKS, a key participant...

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