Tuesday, 4 October, 2022
TopicFarm loan waivers

Topic: Farm loan waivers

Farm loan waivers are announced in election season. Karnataka worst offender

Karnataka, Tamil Nadu, Kerala, Andhra and Telangana announced 9 of the 19 waivers in two decades, unlike Bihar and West Bengal, the two less prosperous states.

Indian farmers need a new distress index. Just suicide data won’t do

Despite the centrality of agriculture in India, there is no standard measure of farmers’ distress. The most commonly cited measure is the number of suicides.

Farmers with more than Rs 2-lakh loan not eligible for waiver, says Uddhav Thackeray govt

Farmer leader Ajit Navale says state govt decision is a "betrayal", most farmers will not get the benefit as they have loan arrears of more than Rs 2 lakh.

UP farmers march to Delhi’s Kisan Ghat over agriculture dues, loan waivers

The farmers started their march from Noida Saturday morning after talks between the Bharatiya Kisan Sangathan and government representatives failed to materialise.

RBI warns finance panel of more fiscal slippages for states

The remarks were made during a meeting between the members of the 15th Finance Commission and the RBI.

Finally, an alternative to farm loan waivers that assures direct income for all farmers

Loan waivers will only make rich farmers richer. Quasi-universal basic rural income guarantees basic income for the poorest of farmers.

States must examine ‘fiscal space’ before deciding on farm loan waivers: RBI governor

RBI governor Shaktikanta Das highlighted that waiver of farm loans by state goverments affect credit culture and future credit behaviour of the borrowers. 

Beware of Congress’ lollipops, says PM Narendra Modi

On his second trip to Uttar Pradesh this month, Modi accuses the JD(S)-Congress Karnataka government of not delivering on its farm loan waiver promises.

Congress misleading farmers on loan waiver, says PM Narendra Modi

Congress governments have recently announced loan waiver schemes after winning the assembly elections in Madhya Pradesh, Chhattisgarh and Rajasthan.

Heavy debts alone are not driving farmers to suicide

Instead of loan waivers, policy makers need to peel through the layers to figure out what farmers really need.

On Camera

YourTurn

File photo of Supreme Court | Manisha Mondal | ThePrint

SC ruling on hijab & Gyanvapi won’t just be limited to faith. It’ll be about our democracy

While petitions against Karnataka’s hijab ban are an opportunity to define student rights, those against Place of Worship Act can be a platform to ensure a robust law-making procedure in India.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

The LCH is designed with stealth features such as reduced visual, aural, radar and infrared signatures | Photo: IAF

Prachand, India’s new Light Combat Helicopter, doesn’t yet have main arsenal or protection suite

IAF inducted new helicopter Monday, but it'll get anti-tank guided missile only by mid-2023, while air-to-air missiles haven't yet been ordered, it is learnt.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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