-TheWire.in The government has failed to provide compensation and relief to farmers for the losses suffered during the lockdown, primarily because it lacks the fiscal space. New Delhi: On Friday, finance minister Nirmala Sitharaman held her third press conference in as many days to follow up on Prime Minister Narendra Modi’s promise of a Rs 20 lakh crore financial stimulus package. After focussing on Micro, Small and Medium Enterprises (MSMEs), and migrant...
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Enough with the lofty rhetoric. It’s time to let the money do the talk -Himanshu
-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being revealed by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...
More »Most small farmers outside formal credit system. Sitharaman’s announcements won’t help them -Shoumitro Chatterjee and Mekhala Krishnamurthy
-ThePrint.in An RBI report says that despite numerous existing initiatives, at most 40 per cent of India’s small and marginal farmers are covered by formal credit. There is no doubt that Agricultural credit is a critical element of both Agricultural production and marketing across India. However, during a period of acute crisis, the government needs to bank on channels that are relatively robust and far-reaching. Unfortunately, especially when it comes to small...
More »Breaking wheat-paddy cycle a must to save groundwater: CSSRI study -Neeraj Mohan
-Hindustan Times Flood-based irrigation in Haryana, Punjab a threat to groundwater which is depleting over 3 feet every year Chandigarh: Breaking the traditional wheat-paddy cycle is the need of the hour to preserve groundwater for the future generations, reveals a research conducted by scientists of the Central Soil Salinity Research Institute (CSSRI), Karnal (Haryana). Asserting that the rice crop alone consumes about 50% of the total irrigation water, the researchers have suggested radical...
More »Lockdown led to massive job losses, show early results of an ongoing telephonic survey
Preliminary results of an ongoing study by the Centre for Sustainable Employment of Azim Premji University (APU) indicate that the lockdown has had a devastating impact on the livelihood security of the working people. The survey is currently being conducted across the country by the Centre for Sustainable Employment along with civil society organisations. Impact on livelihoods Analysis of preliminary data collected through telephonic interviews between 13th April, 2020 and 9th May, 2020...
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