-The Hindu Business Line Letting farmers use Kisan Credit Card for non-farm use for a limited time can help improve credit facility to small farmers The returns earned by farmers, who have access to formal credit, are on an average 17 per cent higher than what farmers, who are dependent on informal sources including Loan sharks, earn, said an agricultural economist. Besides, access to institutional credit increases the per capita monthly consumption expenditure...
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No escaping the debt trap!
-The New Indian Express A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling to repay their loans on time. HYDERABAD: Every successive government has implemented scheme after scheme “to save” the debt-ridden farmer, yet none of them seem to have made any impact. A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling...
More »Tamil Nadu: Lion's share of bank loans against gold, villages fall prey to Loan sharks -Arun Janardhanan
-The Indian Express Census data of 2011 shows a 17.74 per cent increase in worker population since 2001, indicating a crucial shift from farms as productivity fell. Thiruvarur: B CHANDIRAN is the only male member below the age of 50 in Dalit-dominated Oradiymbalam Jeeva Nagar village in Nagapattinam district. Hunted by Loan sharks, the other men in this village of over 60 families have left, and are now doing menial jobs...
More »The solution to saving native cattle breeds lies in organic farming practices, not jallikattu -Aparna Rajagopal
-Scroll.in A farmer describes her efforts to preserve 12 breeds of draught as well milch indigenous cattle. On Monday, the so-far peaceful protests against jallikattu on Chennai’s Marina Beach turned violent as the police sought to clear agitators from what had become ground zero of the movement against the Supreme Court ban on the bull-taming sport. Though an ordinance cleared on Saturday allowed the sport to take place this Pongal, the controversy...
More »Bundelkhand’s drought-ravaged land leading to farmer suicides -Ranjan and Anupam Pateriya
-Hindustan Times Bhopal/Sagar: When 39-year-old Ram Dwivedi shot himself with a rifle in Uttar Pradesh’s water-starved Banda district a few months ago, it came as a shock even to local residents in the drought-ravaged Bundelkhand region. In the past few years, most people who committed suicide in the area were either tenants or small-time farmers. But despite having 20 acres of land, Dwivedi couldn’t generate enough income to sustain his six-member family. Hit...
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