Vidarbha was decked in an exquisite white cotton harvest this winter when I visited. I was there to learn about the rural credit situation. Countering agrarian distress requires more than just providing credit.
The Pradhan Mantri Kisan Samman Nidhi scheme, launched in February, trivializes rural indebtedness by promising 120 million small and marginal farmers a cash transfer of Rs 6,000 per annum. Preceding the general elections, this scheme is seen as a populist move to sway rural voters.
But PM Kisan is insufficient and delayed. The electoral outcome might not yield more than a marginal benefit on the voting machine.…
- Poll choice: How farmers vote – By Parthasarathi Biswas (Mar 28, 2019, Indian Express)
- BJP 2014 manifesto check: Has the Modi government come good on its promises to farmers? – By Mridula Chari (Mar 30, 2019, Scroll.in)
- Everybody loves a farmer – By Vijoo Krishnan (Apr 12, 2019, Frontline)
- BJP 2014 manifesto check: Has Modi government improved cities and the lot of the new middle class? – By Aarefa Johari (Mar 25, 2019, Scroll.in)