Tag Archives: Debt burden

Home   Tag : Debt burden

Indian farmers abandoning cotton

By Zubair Ahmed BBC News, Vidarbha http://news.bbc.co.uk/go/pr/fr/-/2/hi/south_asia/6434957.stm Powar, 26, works as a farm labourer and is getting ready to leave for his day’s work. Others are preparing to take the cattle to the field. Until recently, the Powars – like all others in their neighbourhood – were cotton farmers. But things have changed now, the family no longer grows cotton. Powar’s father committed suicide last year due to mounting debts and Prakash Powar decided to become a farm labourer. The tiny Kulzari village of 500 people predominantly grows cotton, and the farmers here, as all across Vidarbha, are caught in a cycle of debt and there have been several suicides. […]

Soap opera aims to stop farmer suicides

Ashling O¿Connor in Bombay March 26, 2007 Burdened by crop failures and unmanageable debts, thousands of desperate farmers are killing themselves every year despite the announcement of sizeable subsidies that were supposed to improve their lot. There have been more than 200 suicides this year in the western state of Maharashtra alone, adding to 1,452 in the region last year. Official estimates put the death toll since 2001 on India’s western and southern farming plateaus at more than 5,000; unofficial surveys suggest that the number could be near double. Faced with these alarming statistics, state officials have produced a docu-soap as a way of engaging with increasingly depressed and disenfranchised […]

Soap opera aims to stop farmer suicides

Ashling O¿Connor in Bombay March 26, 2007 Burdened by crop failures and unmanageable debts, thousands of desperate farmers are killing themselves every year despite the announcement of sizeable subsidies that were supposed to improve their lot. There have been more than 200 suicides this year in the western state of Maharashtra alone, adding to 1,452 in the region last year. Official estimates put the death toll since 2001 on India’s western and southern farming plateaus at more than 5,000; unofficial surveys suggest that the number could be near double. Faced with these alarming statistics, state officials have produced a docu-soap as a way of engaging with increasingly depressed and disenfranchised […]

Banks set up financial counselling centres to help distressed farmers

HEMA RAMAKRISHNANTIMES NEWS NETWORK[ MONDAY, MARCH 26, 2007 12:11:20 AM] SATARA: Several Indian banks are on course to set up financial counselling centres to help distressed farmers, particularly in states such as Maharashtra and Andhra Pradesh, that have witnessed a spate of suicides. RBI is sensitising banks to have such centres, said Usha Thorat, deputy governor, Reserve Bank of India. The move follows the government’s decision to set up a Financial Inclusion Fund with Nabard for meeting the cost of developmental and promotional interventions. It also plans to set up a Financial Inclusion Technology Fund to meet the costs of technology adoption. Each fund will have an overall corpus of […]

MP committee slams govt's farmer policy

NDTV CorrespondentWednesday, March 21, 2007 (New Delhi): Empty promises, persistent government apathy where even the Prime Minister’s Vidarbha relief package does not take off.This is not an attack by the opposition but a scathing indictment of the government by a Parliamentary Committee.Farmer anger from Nandigram to Punjab over SEZ. The other face of despair is a suicide graph that stains state after state as a recurring shortage of onions and pulses fuels the price rise.As agriculture lurches from one crisis to another, a parliamentary report has slammed the entire government saying these are mere symptoms of a deeper malaise.“The Committee wonders whether the government is waiting for farmers of these […]

11782 farmers commit suicide: Report

Parliament of India http://www.headlinesindia.com/archive_html/20March…New Delhi: Asking states to abrogate a law that provides for arrest of defaulting farmers, a Parliamentary Committee on Tuesday said the suicide of 11,782 farmers during last five years is attributable to distress sale of their produce and continuous crop failures. “The Committee is shocked to learn that in some states like Uttar Pradesh and Bihar, there is a law to arrest farmers who default in repayment of loans. Moreover, they are not only kept in jail but the expenditure incurred on their food, transport and others things in jail is also said be to recovered from them”, the report tabled in Parliament said. The Standing […]

ADB says rural loan may help stem farmer suicides

http://www.ndtvprofit.com/homepage/news.asp?id=291… March 15, 2007By Unni Krishnan and Surojit GuptaNEW DELHI (Reuters) – The Asian Development Bank hopes a $1 billion loan aimed at reforming India’s rural credit structure will help stem farmer suicides in the country, a senior official said on Thursday.An estimated 5,000 farmers have killed themselves over six years across India’s sprawling western and southern plateau — where the black soil has long borne a rich harvest of cotton — because they could not repay loans taken for their crops.The spate of suicides in the country’s richest state of Maharashtra has not abated despite efforts by New Delhi to ease the farmers’ financial burden.“We are hoping in terms […]

Resoulutions passed in 35th National Convention of Bharat Krishak Samaj

http://raagbhairav.blogspot.com/2007/03/resolution…The 35th National Convention of Bharat Krishak Samaj was held at Erode (Tamilnadu) from 17th to 18th February, 2007. The following resolutions have been passed:Minimum Support PriceThe minimum support prices (MSPs) of different crops estimated by the Commission for Agricultural Costs & Prices (CACP) and subsequently endorsed by the government are low and not remunerative. There is a need for up-gradation of the methods for estimation of real cost of production and arriving at the real remunerative prices. The process should be transparent and open to farmers.Scrap SEZs, promote AEZsGovernment should scrap all Special Economic Zones set-up on farmlands acquired from farmers against a mere compensation. SEZs should not be […]

Save small farmers and public health not DOHA

http://andolan.blogspot.com/2007/03/save-small-far… SAVE SMALL FARMERS AND PUBLIC HEALTH, NOT DOHAStatement of Indian People’s Movements against WTO on the “Save Doha” SeminarThe government of India with NGO’s who have been supporting WTO is organizing a seminar on “Saving Doha and Delivering on Development”. The Doha Round of WTO collapsed in Cancun and has been on life support since the Hongkong Ministerial. No progress has been made because more “progress” in trade liberalisation will devastate the lives of millions more than a decade of WTO has already devastated. More than 150,000 farmers have committed suicide in India due to distortions introduced in agriculture as a result of trade liberalisation. Seed monopolies have pushed […]

Budget 2007 is an exit budget for farmers, says Devinder Sharma

Express News Service Ludhiana, March 7: Well-known activist, and Director, Forum for Biotechnology and Food Security, New Delhi says the Budget is an exit-budget for farmers. “This budget does not want the farmers who earn their livelihood. This budget wants them to give up agriculture,” said Dr Sharma, who was in PAU today to deliver a lecture. “The intention of the government help the farmer can be gauged from the fact that farmer suicides continue despite the so called futuristic budgets,” he said. Ridiculing Dr Manmohan Singh announcement of a grant for Vidharbha and subsequent claim that the impact of it would be visible in six months at farmer suicide […]

Get Best Services from Our Business.
%d bloggers like this: