-The Hindu Farmer outfits in Punjab say they will be forced to start an agitation against the State AAP government if a complete farm loan debt waiver is not announced shortly A recent study on farmers’ suicide in Punjab by Ludhiana-based Punjab Agricultural University (PAU) has revealed that in six districts of the State, as many as 9,291 farmers have died by suicide between the years 2000-2018 and around 88% of the...
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A Fresh Spike in Farmer Suicides in Punjab -Shweta Saini, Siraj Hussain and Pulkit Khatri
-TheIndiaForum.in Since 2015, there has been a sharp rise in farmer suicides in Punjab. Farmers in the state borrow large loans at high interest rates; some of which is used for consumption. According to official data, 51% of farmer suicides in Punjab are due to a high level of indebtedness, mostly to institutions. Farmer suicides are back in focus. Media reports suggest that in April 2022 alone 14 Punjab farmers died by...
More »About Rs.2.51 lakh cr farm loan waived off by States since 2012: study -Prabhudatta Mishra
-The Hindu Business Line To make farmers aatmanirbhar, the governments should instead nurture a healthy credit culture and empower them via a robust ecosystem rather than relieving all the borrowers, irrespective of their distress levels. Only 4 out of the 21 political parties lost the election (either at the Centre or State) following the electoral promise and implementation of a farm loan waiver (FLW) scheme started by Haryana’s Devi Lal government. A...
More »Jaideep Hardikar gives an intimate account of India’s farm crisis -Manu Moudgil
-The Tribune A farmer ends his life every 30 minutes in India. There are some who don’t end up in this pile of statistics and are saved through timely action of family and friends. Ramrao Panchleniwar, a cotton grower in Maharashtra’s Vidarbha region, is one such survivor. He wished to drown his financial worries in two bottles of insecticide in 2014. In this book titled after him, Ramrao’s life and near-death...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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