Farm Loans

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Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must
India

Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must

More attention to agriculture by way of higher investment and positive attitudinal changes, therefore, may actually bring about better economic dividends and put India into a higher development trajectory like other Asian nations. The sooner this is realised, the better it would be to revitalise agriculture and rural economy.

Farmers' crisis, agriculture will be focus of 2019 polls and not Ram Mandir, says All India Kisan Sabha leader Hannan Mollah
India

Farmers' crisis, agriculture will be focus of 2019 polls and not Ram Mandir, says All India Kisan Sabha leader Hannan Mollah

AIKS general secretary and eight-time MP from West Bengal, Hannan Mollah said agriculture would be a significant issue ahead of the 2019 Lok Sabha elections, not the Ram Mandir controversy, because the Narendra Modi government has failed on its promises to implement the recommendations of the Swaminathan Committee in letter and spirit and waive farm loans.

Rajasthan polls: Congress promises loan waiver and pension for farmers, unemployment allowance for youth in manifesto
Politics

Rajasthan polls: Congress promises loan waiver and pension for farmers, unemployment allowance for youth in manifesto

Other key promises made by the Congress in its Rajasthan manifesto include a monthly allowance of Rs 3,500 to unemployed youths in the state, and free education for women.

Farmers' march: Maharashtra govt's 'lukewarm' response cause for repeated protests; drought relief, MSP hike demands unmet
India

Farmers' march: Maharashtra govt's 'lukewarm' response cause for repeated protests; drought relief, MSP hike demands unmet

The farmers' march from Thane to Mumbai also comes amid many similar rallies being held in other parts of the country, including the 'Kisan Kranti Yatra' on 23 September and the protest led by the Congress' farmers' cell on 23 October.

Over 20,000 Maharashtra farmers begin protest march from Thane to Mumbai; demands include drought compensation, loan waiver
India

Over 20,000 Maharashtra farmers begin protest march from Thane to Mumbai; demands include drought compensation, loan waiver

The farmers protest is being led by the Lok Sangharsh Morcha (LSM). Swaraj Abhiyan chief and former AAP leader Yogendra Yadav and conservationist Dr Rajendra Singh will also be at the forefront of the protests

BJP faces tough fight in Chhattisgarh's Dongargarh; high anti-incumbency due to lack of jobs gives Congress edge
Politics

BJP faces tough fight in Chhattisgarh's Dongargarh; high anti-incumbency due to lack of jobs gives Congress edge

In the Chhattisgarh polls, one of the reasons why it will be difficult for the BJP to save Dongargarh is that the local issues here trump the "national" ones.

Prime Minister Narendra Modi's Diwali gift to MSMEs: Good news, but implementation will be key
Business

Prime Minister Narendra Modi's Diwali gift to MSMEs: Good news, but implementation will be key

The present package given to the SME sector is noteworthy and falls well within the ambit of the 'Make In India' campaign wherein there is a serious attempt to strengthen the links of this sector with the rest of the economy.

Kisan Kranti Yatra: After raising minimum support prices, will the Centre blink and waive farmers’ loans?
Business

Kisan Kranti Yatra: After raising minimum support prices, will the Centre blink and waive farmers’ loans?

There is yet another way of providing relief to farmers, easy and popular though not necessarily the best way to address the issue – waiving off their loans.

After Kisan Kranti Yatra, government decides to hike MSP on six rabi crops according to farmers' demand
India

After Kisan Kranti Yatra, government decides to hike MSP on six rabi crops according to farmers' demand

The proposal is set to be put forward to the Cabinet of Economic affairs later in the evening, according to News18. The move also comes before the state Assembly elections, particularly Rajasthan and Madhya Pradesh.

Kisan Kranti Yatra in Delhi: Presentations alone won't solve agrarian distress, govt must examine ground reality
India

Kisan Kranti Yatra in Delhi: Presentations alone won't solve agrarian distress, govt must examine ground reality

The ill-conceived effort to resolve woes of farmers, who are harvesting debt every month, through official presentations is nothing more than a repetitive process irrespective of the shades of power in the Centre since independence, and the reason why farmers marched to Delhi as part of Kisan Kranti Yatra

Rural finance: Delays in cash transfers are pushing troubled beneficiaries into greater debt, poverty
Business

Rural finance: Delays in cash transfers are pushing troubled beneficiaries into greater debt, poverty

In Uttar Pradesh (UP), the meandering journey of direct cash transfers into beneficiaries’ bank accounts is one that’s deeply shrouded in mystery.

India's NPA crisis: Arvind Subramanian is Raghuram Rajan in slow motion; offers diagnosis but no cure
Business

India's NPA crisis: Arvind Subramanian is Raghuram Rajan in slow motion; offers diagnosis but no cure

Arvind Subramanian speaks now of 'stigmatized capitalism' that stops the govt from reformist solutions to the NPA problem. In plain English, he means that no one is showing the courage to act fast and tough.

HD Kumaraswamy says Congress-JDS coalition committed to farm loan waiver in Karnataka, asks Centre to bear 50% cost
Politics

HD Kumaraswamy says Congress-JDS coalition committed to farm loan waiver in Karnataka, asks Centre to bear 50% cost

The chief minister, who met prime minister Narendra Modi during a two-day visit to New Delhi starting Sunday, said he has requested the Central government to bear 50 percent of the cost of the farm loans the state government plans to waive.

Farmer protests: Where did the Narendra Modi government go wrong in addressing the agrarian crisis?
Business

Farmer protests: Where did the Narendra Modi government go wrong in addressing the agrarian crisis?

If the farmer protests escalate, it will stoke inflation, apply brakes on economic growth and hamper Narendra Modi’s prime ministerial aspirations in 2019.

Karnataka poll results: Yeddyurappa's loan waiver googly may or may not hit the wicket, but banks better prep for a blow
Business

Karnataka poll results: Yeddyurappa's loan waiver googly may or may not hit the wicket, but banks better prep for a blow

Karnataka CM Yeddyurappa’s move may remain just an announcement if the looming numbers game isn’t in his favour. But banks will get out bowled by his googly.

Maharashtra loan waiver: Banks submit lakhs of ghost accounts, but RBI says ‘don’t know, didn’t hear, didn’t see’
Business

Maharashtra loan waiver: Banks submit lakhs of ghost accounts, but RBI says ‘don’t know, didn’t hear, didn’t see’

After committing monetary relief to farmers, the government is unable to deliver its promise on account of the mess created by banks while preparing the list.

Maharashtra's farmers struggle to marry as irregular income, surge in suicides make them unsuitable grooms
India

Maharashtra's farmers struggle to marry as irregular income, surge in suicides make them unsuitable grooms

It seems like farmers in Maharashtra are not only battling with crop failures and unpaid loans but are also struggling to find a life partner

YSR Congress releases poll manifesto, promises liquor ban in Andhra Pradesh if voted to power in 2019
Politics

YSR Congress releases poll manifesto, promises liquor ban in Andhra Pradesh if voted to power in 2019

YS Jagan Mohan Reddy-led YSR Congress on Sunday virtually released its manifesto for the 2019 Andhra Pradesh elections promising among other things to make the state liquor-free in a phased manner.

Maharashtra Opposition leader Radhakrishna Vikhe-Patil adopts 208 farmers' families hit by agrarian crisis
India

Maharashtra Opposition leader Radhakrishna Vikhe-Patil adopts 208 farmers' families hit by agrarian crisis

Radhakrishna Vikhe-Patil on Thursday adopted 208 families of farmers who had committed suicide due to the agrarian crisis in the state.

Loan waivers and farmers' strike: BJP implementing debt relief in Uttar Pradesh boosted the trend
India

Loan waivers and farmers' strike: BJP implementing debt relief in Uttar Pradesh boosted the trend

Loan waiver is turning out to be the Mandal Commission report of our times. With the Narendra Modi government offering loan waiver to farmers of Uttar Pradesh, cultivators in every part of the country now want a similar dole, just like the castes and communities who'd fallen over each other to be part of the Mandal report.