The Bharatiya Janata Party's (BJP) election manifesto for 2014 Lok Sabha election says that if elected to the Centre, it will then "(p)ut in place welfare measures for farmers above 60 years in age, small and marginal farmers and farm labours", among other things. Despite the formation of a BJP led National Democratic Alliance (NDA) government at the Centre in 2014, the latest available data on farm suicides from the...
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In 80% farmer-suicides due to debt, loans from banks, not moneylenders -Deeptiman Tiwary
-The Indian Express It’s for the first time that the NCRB has categorised farmers’ suicides due to debt or bankruptcy based on the source of loans. Local moneylenders are usually portrayed as the villains in India’s farmer-suicides narrative, but government data shows that 80 per cent of farmers killed themselves in 2015 because of bankruptcy or debts after taking loans from banks and registered microfinance institutions. According to National Crime Records Bureau’s latest...
More »Farmer suicides doubled in state in 2015: NCRB
-The New Indian Express BENGALURU: The number of suicides among the farming community in the state doubled in 2015 as compared to 2014, according to the Accidental Deaths and Suicides in India 2015 report of the National Crime Records Bureau (NCRB). The recently released report showed that several factors such as bankruptcy, crop failure and illness were among the major reasons for the suicides. Karnataka also recorded the second highest number of...
More »Demonetisation brings digital dividend to Kerala, 14,500 ration shops to get e PoS machines -M Sarita Varma
-The Financial Express Thiruvananthapuram: Ration shops in Kerala are readying to go the ATM way soon. As many as 14,500 ration retail shops in Kerala will soon be equipped with electronic point of sale (ePoS) machines, which would work as micro-ATMs. The Kerala State IT Mission has been asked to hasten a connectivity survey in rural areas to ensure uninterrupted internet connection, before introducing micro-ATM facility at all fair-price shops. Although the...
More »Tax buoyancy improves, thanks to indirect levy -Muthukumar K
-The Hindu Business Line Research Bureau But indirect tax is inequitable as it is a burden for both the rich and the poor alike The growth in tax collection in relation to GDP growth has improved over the past couple of years under the Modi regime. In 2013-14, the final year of the UPA regime, tax buoyancy hit a four-year low at 0.71. Since then, it has improved to 1.23 in 2014-15 and...
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