Distressed Andhra Pradesh farmers selling organs to escape debt trap

March 7, 2013

Andhra_Pradesh_farmer

New Delhi, Mar 7: Almost five years after the UPA government allocated the lion's share of its Rs 52,000 crore farm loan waiver scheme to Andhra Pradesh, reports are emerging from the state that distressed farmers are selling their organs to come out of the agricultural debt trap.

Three states - Andhra Pradesh, UP and Maharashtra - had got almost 57% of the Rs 52,000 crore package meant for all 35 states and Union Territories. Disbursal in Andhra Pradesh was Rs 11,000 crore while it was Rs 9,095 crore in UP and Rs 8,900 crore in Maharashtra.

The farm loan waiver has been cited as one of the main vote-catchers for the Congress in the 2009 LokSabha polls and this was vindicated in the party's handsome performance in the three states with the largest allocations. While Congress bagged 31 seats in Andhra, it got 22 in UP and 16 in Maharashtra, a performance which facilitated formation of the second UPA government at the Centre.

In Andhra Pradesh, around 77 lakh farmers cornered more than Rs 11,000 crore, almost 21% of the total farm loan waiver package. But as the Comptroller and Auditor General (CAG) report reveals, a huge number of ineligible farmers were allowed waiver while many marginal and small farmers were denied the benefit and they continued to remain in a debt trap.

CAG detected tampering with loan records, alteration in ledgers and changing records where non-agricultural loans were converted into agricultural loans.

In one such instance, the auditor pointed out how the AP Grameen Bank in Ballikurava had altered land holdings of at least 17 loanees so as to alter their category and make them eligible for full waiver in the marginal farmer category.

These irregularities were noticed not just in Andhra Pradesh but across several states were sample study was carried out by the auditor.

The CAG's sample study was carried out over 715 bank branches in 92 districts of 25 states involving more than 80,000 farmers' loan accounts. The disbursement to these farmers amounted to Rs 330 crore.

In Andhra Pradesh, scrutiny of 3,200 loan accounts revealed that in at least 132 cases, ineligible benefits were allowed, highest among all states bar J&K where the sample study found ineligible benefits were allowed to 153 farmers. In close to 100 cases in Andhra Pradesh, the CAG found benefits extended to farmers on loans which were not disbursed in the first place.

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Agencies
March 12,2020

Mumbai, Mar 12: In what appears to be the worst trading session in the Indian stock markets, the benchmark BSE Sensex crashed over 2900 points to end below the 33,000-mark.

The Sensex crashed 2,919.26 points to end at 32,778.14. So far it has touched an intra-day low of 32,530.05 points.

The Nifty50 on the National Stock Exchange also lost nearly 850 points so far. It plunged 868.25 points to 9,590.15.

The plunge was in line with the global markets as all Asian indices also traded in the red after the World Health Organization (WHO) declared coronavirus a global pandemic following which the Dow Jones Industrial Average also slumped significantly on Wednesday.

The bear run in both the global and domestic markets has continued off late on concerns of the coronavirus outbreak severely impacting the global economy. It has also raised calls for government intervention and support.

Central banks in several countries, including the US Federal Reserve have announced emergency rate cuts to boost sentiments. However, the concerns have only deepened in the past few days as the number of COVID-19 cases across the world has increased.

Further, following the rout in the global markets oil prices also fell on Thursday with the Brent crude trading around $34 per barrel.

The Indian rupee also felt the pressure and touched a 17-month low of 74.34 per dollar in its initial trade.

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News Network
June 26,2020

New Delhi, Jun 26: With the highest single-day spike of 17,296 COVID-19 cases reported in the last 24 hours, India's COVID-19 count reached 4,90,401 on Friday, said the Union Ministry of Health and Family Welfare (MoHFW).

The country also saw 407 deaths in the last 24 hours, which pushed the death toll to 15,301.

The total number of cases includes 1,89,463 active cases, 2,85,637cured/discharged/migrated cases, as per the MoHFW.

According to the Indian Council of Medical Research (ICMR), the total number of samples tested up to June 25 is 77,76,228; the number of samples tested on 25 June is 2,15,446.

Maharashtra remains the worst-affected state in the country with 1,47,741 cases. The active cases in the state are 63,357. The number of people cured or discharged stands at 77,453 while the death toll is at 6,931.

Delhi has so far reported 73,780 cases. The active cases in the national capital stood at 26,586. While the cured and discharged numbers stood at 44,765. The death toll in the city is 2,429.

Tamil Nadu has so far reported 70,977. With active cases at 30,067 and the number of cured or discharged at 39,999, while the death toll stood at 911.

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Agencies
January 15,2020

New Delhi, Jan 15: A Delhi court on Wednesday granted bail to Bhim Army chief Chandrashekhar Azad in connection with the Daryaganj violence case.

The court has ordered him not to hold any protest in Delhi till February 16th.

While hearing the case, the Judge had asked Azad's counsel to read out some of his social media posts.

Advocate Mehmood Pracha, representing Azad, had on Tuesday said that the petitioner was sent to jail without any evidence in connection with anti-CAA protests in Delhi's Darya Ganj area last year.

"I think the court's comments should become a precedent for the country. The Public Prosecutor at the behest of police tried to make this a communal issue. We told the court that the government has a problem with Azad because he made the CAA-NPR-NRC an issue for everyone. 
The Court also sought evidence," Pracha told ANI after Delhi's Tis Hazari court deferred the bail plea of Azad till today.

On Wednesday, the court pulled up the Delhi Police for failing to show any evidence against Azad.

Azad was arrested on December 21 last year after he led a march from Jama Masjid against the Citizenship (Amendment) Act. He was sent to judicial custody till January 18 at Tihar jail.

The Bhim Army chief was charged with rioting, unlawful assembly and inciting the mob to indulge in violence after vandalism in Delhi's Daryaganj area.

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