-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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The measure of poverty -C Rangarajan & S Mahendra Dev
-The Indian Express Estimates based on SECC and NSS data have different purposes. Recently, the government released data from the Socio-Economic Caste Census (SECC) 2011. There has been comment that hereafter, we need not have consumption-based poverty estimates using NSS (National Sample Surveys) data. It is thought that SECC data will alone be enough to estimate poverty and deprivation. Here, we briefly examine the differences between the two and clarify that...
More »SECC not irrelevant just yet -Rukmini S
-The Hindu Although the SECC’s objectives are not likely to be met, it is a big step towards providing accurate information on the well-being of the people. The release of data for rural households from the Socio Economic and Caste Census (SECC) is only the latest step in India’s tortured history of trying to count its poor. The idea behind the SECC was technocratic. Commissioned by the United Progressive Alliance in 2011,...
More »Think tank report hints at diversion of cheap farm loans -Puja Mehra
-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...
More »Krishi Vigyan Kendras in West UP floundering on resource crunch -Sanjeeb Mukherjee
-Business Standard Conceptualised to impart on- and off-field training to farmers, these bodies are failing because of poor financial and logistical support Muradnagar/ Hastinapur: For Ravinder Singh, the red and white building, just a few metres away from their 10-bigha farm is nothing more than a regular government office, where officials come and go without having any impact on their lives. Though they are aware the building has something to do with agriculture,...
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