A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair
-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...
More »Know your Aadhaar -Jean Dreze
-The Indian Express Bill Gates’s claim that it raises no privacy concerns is misleading. Crucial issues that have to do with confidentiality of data and state surveillance are at stake. According to Bill Gates, privacy is not a concern with Aadhaar (‘Aadhaar doesn’t pose any privacy issue, says Bill Gates’, IE, May 3). This widely-quoted statement would have been more convincing if Gates had shown a clear understanding of the Aadhaar project....
More »Jean Dreze, development economist and social activist, interviewed by Rupashree Nanda (CNN-News18)
-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...
More »MGNREGA: Honest labour's love lost as government makes payment process complex -Sakina Dhorajiwala
-The Economic Times In over a decade, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been instrumental in providing employment to rural households. One of its key provisions is that once the work week is completed, the worker must be paid within 15 days. Millions depend on the timely payment of these wages. The payments process has made many strides in the last decade, from cash payments to wages being...
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