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Declining bank credit indicates poor economic performance

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...

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A Famine Of Ideas For Farmers -Sutanu Guru

-BusinessWorld.in There simply are no easy solutions to the crisis in Indian agriculture, a product of decades of neglect and poor policies It is quite macabre, really — the barely concealed glee that seems to course through liberal analysts and intellectuals whenever it looks like Prime Minister Narendra Modi is heading for trouble. Macabre, because as the latest series of protests and events centred around farmers show, it is as ghoulish as...

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Instead of farm loan waivers, invest more in agricultural infrastructure -Himanshu

-Livemint.com Not only better integration of farmers with markets, but also large investments in agriculture are the need of the hour The deaths of five farmers in Madhya Pradesh’s Mandsaur district has brought the crisis in agriculture centre stage. While the latest incident may have got media coverage, the fact is that the crisis has been in the making for some time. It intensified in the last one year but signs of...

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'Tur' farmers in Maharashtra remind Modi of his 'chai pe charcha' promise -Abhiram Ghadyalpatil

-Livemint.com At some 200-plus tur procurement centres in Maharashtra, where Nafed had agreed to purchase the crop till 31 May, the desperation of thousands of farmers represent all that is wrong with government intervention in the agriculture market Wardha, Hinganghat (Vidarbha): Santosh Borkute, a cotton and tur cultivator in Amla village of Wardha district in Vidarbha region, has learned from Marathi newspapers that the Narendra Modi government has completed three years in...

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Tears of joy: How onion farming is helping Madhya Pradesh's Korku Adivasis tide over drought -Rohit Jain

-Scroll.in Growing the traditional maize and soya bean crops is no longer economically viable. “The land is thirsty, the Korku is hungry,” goes the refrain of the Korku Adivasis in the Satpura forest in Madhya Pradesh’s Khandwa district. An unrelenting drought since 2014 has parched the Korku farmland, driving a population of over 40,000 spread across 100-odd villages to desperation. In Khari village, for example, more than half the farmers have been forced...

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