-The Indian Express As there are 21.6 crore small and marginal farmers — most of whom are not in a position to repay the loan or put collateral — such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. Mumbai: The NDA Government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral...
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The dynamics of India's rice export boom -CP Chandrasekhar & Jayati Ghosh
-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the Government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...
More »Income inequality in India: Top 10% upper caste households own 60% wealth -Shreehari Paliath
-Business Standard/ IndiaSpend Among OBCs and STs too, top 10% had cornered most wealth. Top 10% of both groups held around 52% of wealth in 2012 and top 10% of SCs' share increased three percentage points to 46.7% till 2012 Although India’s upper caste households earned nearly 47% more than the national average annual household income, the top 10% within these castes owned 60% of the wealth within the group in 2012,...
More »Explained: Why farmers in the sugar bowl of Western Maharashtra are angry -Parthasarathi Biswas
-The Indian Express Farmers protested violently over the weekend in support of their demand for a one-time payment of the fair and remunerative price. Ballooning cane dues could become a major issue as LS polls near. Pune: Sugarcane farmers in western Maharashtra Monday called off their violent four-day-old agitation, giving sugar mill owners and the Government two weeks to find the money to pay them their full dues. The agreement was...
More »A quota for farmers -Harish Damodaran
-The Indian Express It would have made more sense — economically, legally, politically, morally, constitutionally — to have limited 10 per cent EWS reservation to those with farming or rural backgrounds The last few years have seen the so-called dominant farming communities — especially the Jats, Marathas, Patidars and Kapus — mount violent agitations demanding quotas in Government jobs and higher educational institutions, whether under the OBC (Other Backward Class) or...
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