-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
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Maharashtra launches RTI portal -Omar Rashid
-The Hindu Maharashtra on Thursday launched an online portal for Right to Information (RTI) applications. The web portal (www.rtionline.maharashtra.gov.in) can be used by citizens of the State to file online applications as well as first appeals under the RTI. The portal, available in both English and Marathi, informs applicants about the status/progress of their pleas. The fee for the application can be paid via internet banking or debit/credit cards. On submission of...
More »Small and marginal farmers in distress -R Ramakumar and Aparajita Bakshi
-The Hans India It is official now. New data released by the National Sample Survey Organisation (NSSO) for 2013 show that the agrarian distress in rural India is continuing, and even intensifying for small and marginal farmers. In the last decade, there has been much talk on inclusive growth, revival of growth rates in agriculture, higher public investment in agriculture and the doubling of agricultural credit. Yet, the new data show...
More »Empty promises to farmers in distress -PSM Rao
-The Hindu Business Line Both Andhra Pradesh and Telangana have reneged on loan waiver promises. When Messrs Chandrababu Naidu and K Chandrasekhar Rao, chief ministers of Andhra Pradesh and Telangana respectively, promised to waive farm loans, there was no reason to distrust them. The Election Commission clearly directed the politicians not to make any promises that could not be implemented. They thought all the farm loans would be written off once they formed...
More »Rural Development Ministry to introduce Mobile Monitoring System in MGNREGA to bring Transparency
-Press Information Bureau/ Ministry of Rural Development Year end Review -2014-15 The Ministry of Rural Development is likely to introduce Mobile Monitoring System for effective implementation of Mahatma Gandhi National Rural Employment Guarantee Act, MGNREGA. The Monitoring System will be introduced on a pilot basis to allow real time monitoring of all works, workers attendance and work site measurement. The move is likely to plug leakages in the rural job scheme. Moreover,...
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