The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...
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How much does she know? by Rukmini Banerji
On November 11, 2011, a big campaign was launched to make citizens of India aware of the Right to Education Act. The campaign has the potential to engage citizens in demanding their rights. Hopefully, the effort will also push the government at different levels to prepare to provide the “rights” as envisaged by the law. At the core of the law is a “guarantee” — a guarantee for quality, free and...
More »‘Justice Katju has only reiterated views (on regulating media) that were there before’ by Archna Shukla
In this Idea Exchange moderated by Senior Editor Archna Shukla, I&B minister Ambika Soni speaks about self-regulation by the media, empowering the Press Council of India and the Congress party’s stand on corruption Archna Shukla: There is a growing perception that the government is unhappy with media criticism. The editor of a leading English daily publicly claimed that government advertisements have been stopped to his publication. Is the government being vindictive? I have...
More »Jairam seeks to modify flagship schemes for Maoist-hit districts by Aman Sethi
Warning that delays in wage payments were crippling the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in Chhattisgarh's Maoist-affected districts, Union Minister for Rural Development Jairam Ramesh outlined his Ministry's latest attempts to jumpstart development in these areas. In the past, Mr. Ramesh has spoken of prioritising development in the country's 60 ‘Left Wing Extremism' [LWE] districts as a crucial prong in his government's battle against the guerilla army of...
More »Another excuse to cut government spending by Brinda Karat
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is under pressure from several quarters. One such source of pressure is the rural rich whose concerns were recently voiced by Agriculture Minister Sharad Pawar, when he raised the bogey of shortage of supply of farm workers because of the employment guarantee scheme. The fact is that the national average for workdays generated under the scheme is less than half of the...
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