-Scroll.in Because the exercise was doomed to fail in its primary objective of rooting out black money, the government kept changing its aims. We have travelled a long way from November 8, 2016, when Prime Minister Narendra Modi told us that the black money held in Rs 500 and Rs 1,000 currency notes would become “worthless pieces of paper”. Now, we are told by the finance ministry that the government expected...
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Think beyond loan waivers -Ramesh Chand & SK Srivastava
-The Hindu Strengthening the repayment capacity of farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...
More »Is direct benefit transfer really a panacea for the rural poor? -Sanjiv Phansalkar
-VillageSquare.in Given the complex and varied situations in rural India, the results of the direct benefit transfer method are so far mixed at best and debilitating at worst, as seen in the subsidies for farm equipment and fertilizers Direct benefit transfer (DBT), a system through which government programs transfer funds directly to bank accounts of beneficiaries, is hailed as a major intervention that is expected to cut a whole lot of misdirection...
More »How farm loan waivers can actually benefit the economy -Charan Singh
-The Financial Express The fastest-growing major economy of the world cannot ignore its farmers as there is a genuine need to help the farming sector which is suffering from stress on account of indebtedness. The banking industry is also not able to extend credit to those farmers who are in default. A loan waiver can help bankers to renew the loans, and farmers can use the borrowed money for production of...
More »The invisible women farmers -Mrinal Pande
-The Indian Express Agriculture cannot survive without them. But they are invisible in the current conversation on the agrarian crisis An ex-company executive-cum-economist turns to the anchor during a discussion on the farmers’ agitation. “Overpopulation is destroying the farming activity. There are simply too many mouths to feed and the farms are shrinking. We must look to the urban areas for creating new jobs,” he says. The man at the local paan...
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