-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...
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Rural India's distress conundrum -Ishan Bakshi
-Business Standard Leading economic indicators suggest a recovery is underway It’s difficult to make sense of what’s happening in the rural economy. On the one hand, leading economic indicators suggest a recovery is underway. As Chart 1 shows, unemployment is down and real wage growth is up. Two-wheeler sales are also up — suggesting a recovery in household demand. Yet, rural sentiment has weakened of late as shown in Chart 2. Please...
More »Wait ahead for farmers for loan waiver -Piyush Srivastava
-The Telegraph Lucknow: Implementation of the crop loan waiver that Yogi Adityanath's government had announced on April 4 faces a fresh threat of delay, this time because of poor Internet connectivity in the border regions. Adityanath had on Friday asked district administrations to collect the loan data from the banks and upload them on their websites by July 31 and then start handing out the waiver certificates. But hundreds of bank branches have...
More »Will slaughter curbs lead to cattle surplus? Indian academicians have been debating this since 1926 -Himanshu Upadhyaya
-Scroll.in As the Centre looks to modify the rules on cattle trade, it would do well to consult experts about how the changes would affect farmers. With the government’s assurance to the Supreme Court on Tuesday that it would suspend implementation of new regulations on cattle trade, the nation’s cows, bullocks, bulls and buffaloes are back on the front page. The new rules, notified in May, had been greeted by vociferous...
More »Crisis looms as 20 Karnataka districts receive less rain -Chethan Kumar
-The Times of India BENGALURU: Karnataka has seen a poor monsoon so far, with two districts in the Cauvery basin receiving scanty rain. In 18 other districts, including Bengaluru Urban and Rural, it has been deficient. This makes the next 20 days crucial as they will decide whether the state can escape another drought year. On Monday, farmers from Halebudanuru village in Mandya district held a meeting with government officials demanding that...
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