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Farm loan waiver: How to nip it in the bud -Naveen P Singh

-The Economic Times Despite substantial increase in agriculture production and productivity levels over the years, farmers’ indebtedness has not changed significantly. According to the National Bank for Agriculture and Rural Development (NABARD) All India Rural Financial Inclusion Survey (Nafis) 2016-17, 52.5% of agricultural households were indebted. Considerable efforts have been taken in channelising institutional credit to farmers and raising farm credit disbursement targets, with allocations increasing by Rs 1 lakh crore in...

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Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate

It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...

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Clear bank dues when loans are waived: NABARD to states -Sidhartha

-The Times of India NEW DELHI: Amid a flurry of farm loan waivers, financial institution NABARD has written to states advising them to ensure that dues of banks that actually write-off the loan are immediately cleared to ensure that the credit cycle is not broken. The move follows the experience of several lenders in Andhra Pradesh and Tamil Nadu, where the dues have remained pending although they had written off the loans...

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Worsening Situation in our villages -Ashwani Mahajan

-The New Indian Express In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17 In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17. It has revealing data about the worsening situation of farmers and villages across India. The survey shows that the average monthly income of rural households in India is...

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How farmer producer company model can transform Indian agriculture -Jayashree Bhosale

-The Economic Times Agricultural engineer Vilas Shinde has reaped a rich harvest. Sahyadri Farms, the farmer producer company (FPC) set up by him in 2011, has grown to become the largest FPC in the country, with a membership of 8,000 farmers and a turnover of Rs 300 crore. It has overtaken Mahindra Agribusiness to become India’s largest grape exporting company, and many say it may well be on course to revolutionise...

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