Vivek's Commentary

Farm loan waiver.. Why farmers are demanding? Is this demand of farmers beneficial for them? If not then what should be a proper demand? Let’s discuss. Figure no. 1 shows the percentage share debt of cultivator household. It is increasing continuously. In 2004, there were 50% indebted farmer households in whole India (figure no. 2). Figure no.1  Figure no. 2 Current numbers are very bad. About 52 percent of the agricultural households in the country were estimated to be indebted in 2012-13. Andhra Pradesh (92.9 %), Telengana (89.1 %) and Tamil Nadu (82.5 %) are suffering from worst condition. 60% of total loans were institutional which were linked to government (2.1%), co-operative society (14.8%) and banks (42.9%) (situation assessment survey of agricultural households 2012-13). So with this high number, given demand is obvious. Figure no. 3 Now figure no.3 shows that the cost of cultivation and production of major crops in major states in India is continuously incr