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Money is getting diverted away from small farmers: TISS Agro Economist -NS Vageesh

-The Hindu Business Line Mumbai: The flow of agricultural credit may have increased from ?96,000 crore in 2004 to ?10 lakh crore now; about 18,000 new rural branches have been set up and yet there is an agrarian crisis because of definitional dilusions as well as diversion of funds from the needy small farmers, Professor Ramakumaar, Agro Economist, Tata Insitute of Social Sciences (TISS), said on Monday. He was speaking at...

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Data Removed and Data Modified: Archive Reports on Jan Dhan Yojana Website Undergo Changes - Aarthi Prakash

-Newsclick.in Crucial elements of the data on Jan Dhan Yojana have been removed from the government website. This gives rise to many questions. On 15 August 2014, Prime Minister Narendra Modi launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme with the claimed objective of nation-wide financial inclusion. In his speech, he stated that the initiative was aimed at eradicating ‘financial untouchability’ by opening at least one bank account per household in...

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DeMo was ethically flawed -A Srinivas & Sandhya Rao

-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...

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Privatising district hospitals: Health ministry, states, experts had little say in Niti Aayog plan -Menaka Rao

-Scroll.in RTI documents show that Niti Aayog largely worked with World Bank and top private healthcare industry. The Niti Aayog’s blueprint to increase the role of private hospitals in treating non-communicable diseases in urban India by handing district hospitals over to the private sector on 30-year leases was built largely on a template provided by the World Bank. The template was fine-tuned in close coordination with top private healthcare industry representatives. State...

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Farmers' suicides in Punjab: Looking beyond indebtedness -Sher Singh Sangwan

-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...

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