Farm loan waiver creating more problems than solutions the upa government

UPA government

The Bengal famine of 1943 is arguably the worst economic disaster of 20th century south Asia. This paper traces the background of the famine and analyses the role of the land market in fuelling food price rise. It appears that in a monetised, already famished, agrarian economy, during situations of subsistence crisis, interlinking of food and land markets has the potential to cause an exponentially high degree of disaster. The role of a universal public distribution system, which carries over food from a surplus to a deficit year, and insulates the food market, thus becomes paramount.

The Centre would give first preference to state cooperative banks while reimbursing the debt waiver amount, according to P Mohanaiah, chief general manager, National Bank for Agriculture and Rural Development (Nabard).

In the context of an alarming increase in the farmers’ suicide, the Government of Maharashtra announced a Special Package of Rs. 1,075 crore for six districts of Western Vidarbha (December, 2005). Subsequently, Hon’ble Prime Minister Dr.

The study reveals that materialism is on the rise in rural Punjab as most farmers have adopted new housing patterns coupled with all the facilities previously found in urban areas only. The availability of more durable goods with majority of the farmers indicates a clear shift towards material possession.


Ministers of the United Progressive Alliance government are often heard mouthing platitudes about inclusive growth. On the face of it, inclusive growth seems a democratic ideal. But platitudes aside, what does the ideal really translate into for farmers, fishworkers and tribals?

Suicides continue in the land of white gold. It has been 8 two months since Finance Minister P. Chidambaram announced a Rs 60,000-crore loan waiver for farmers. It was meant to prevent debt-ridden ryots from committing suicide. But in Vidarbha, where a large number of cotton farmers have committed suicide, the script has not changed.

Climate exchange Unfair share of cause and effect Ecological damages are distributed more towards poor nations Human activities are changing

POLA IS THE HARVEST FESTI-val in Maharashtra. On this day every August, farmers in the agricultural belts of the state bathe their buffaloes, paint their horns and parade them around their villages. As the villagers of Bhadumri (in western Vidarbha) were busy sprucing up their cattle in August 2006, 35-year-old Anil Shende, a marginal farmer, staggered out of his two-room mud hut and collapsed.