India cancels small farmers’ debt

February 29, 2008 · Filed Under Political 

An article on the BBC website today says plans are under way to cancel the debt of all small farmers in India! This applies to farmers with 2 hectares or less of land (about 5 acres).

This is really good news.

It’s too bad it doesn’t apply to farmers with a bit more land, but this is a very good start. It would be nice for example if farmers with more land received a prorated level of compensation.

Hills and Plains Seedsavers recently mentioned how some of the poorest women in India have taken the initiative to reform agriculture in their country.

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One Response to “India cancels small farmers’ debt”

  1. Kate on February 29th, 2008 14:23

    This is good news as I imagine that there would be many, many thousands of farmers with tiny parcels of land. How coincidental, considering what I recently wrote about! And that was something I read in “The New Internationalist” several months or more ago.

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