Agrarian Crisis

The focus on short-term relief has also eclipsed the real issues that have caused the crisis

Congress party is planning campaign strategies that will focus on farm distress, youth, MSMEs

The incentive for export has been doubled to 10%, which will ensure better price for onion in the domestic markets

Agrarian and liquidity crisis, a weak private capex cycle, political uncertainty and a possible global economic slowdown paint a gloomy outlook for earnings

When the Devendra Fadnavis-led BJP government announced a farm loan waiver in 2017, there was renewed hope among Maharashtra farmers. Today, they are anguished

Given the detrimental impact on credit discipline, not to mention the hole farm loan waivers are going to blow in state budgets, politicians would be wise to rethink their plans

Loan waivers and the promise to raise MSP cannot solve the problem

Inflation for services and a few discretionary items has been higher in rural areas compared to urban centres

As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress

The irony is that talk of farm loan waivers should ideally lead to worries about the fiscal deficit, and lead to a correction in the markets. But any such worries seem to be missing on the Street