-Business Standard Instead of addressing systemic problems in agriculture, farm politics in the state is about how much money the government can offer the farmer as a dole The Shiromani Akali Dal (SAD), led by Parkash Singh Badal and son Sukhbir, was in a dilemma a year before the 2012 Assembly elections in Punjab. The Akalis had ruled Punjab since 2007 but no party had ever returned to power for a second...

The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

-International Business Times Bone-dry India’s water crisis seems to bringing the 2015 blockbuster film “Mad Max” to life. Apart from a deteriorating quality of life, countless diseases and loss of economic opportunities, India’s lack of water is also causing a plethora of social ills. Two successive years of droughts have resulted in India’s water crisis worsening by the minute, with a whopping 75.8 million Indians -- five percent of the country’s population...

-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...

-Hindustan Times Ludhiana: Punjab finance minister Parminder Singh Dhindsa may have announced several perks for the agriculture sector, including provident funds for farmers, financial relief to families in which farmers committed suicides and medical insurance as part of the Budget 2016-17 for the state but several agricultural experts and farmers have pointed out all perks are futile without crop insurance. They stressed that if crop of farmers are not insured by the...