-The Business Standard The latest suicide in Vidarbha underlines the need for flexible loan repayment norms for farmers Is it better to give compensation to dead farmers, or to provide loans and insurance to those who are alive? In the case of a majority of cotton farmers in Maharashtra, who are struggling against shrinking land size, production costs and debts, there is neither credit or insurance when alive nor compensation on death. Farmers caught...
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Death in parched farm field reveals growing India water tragedy -Rakteem Katakey, Rajesh Kumar Singh and Archana Chaudhary
-Live Mint/ Bloomberg Conflicts between industry and farmers getting worse as water becomes more and more scarce Sachin Ingale slipped out of his family's two-room, white-painted mud hut about 4pm and walked into their farm field where the 22-year-old took a deep swig of pesticide from a plastic bottle. He died later that evening. Four months later, the mercury is pushing 50 degrees Celsius (122 degrees Fahrenheit) in his village in...
More »Reforms’ unintended fallout -Ashoak Upadhyay
-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic skills to an examination of its magnitude. The title of Working Paper Series...
More »Building euphoria-Himanshu Upadhyaya
-Frontline But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...
More »No wealth tax on farm land, says Chidambaram
-The Hindu Minister relaxed tax benefit-related residency norms for foreign investors Finance Minister P. Chidambaram on Tuesday allayed apprehensions over the imposition of wealth tax on agricultural land within urban area limits to provide a big relief to farmers, especially in Haryana and Punjab. Mr. Chidambaram relaxed the tax benefit-related residency norms for foreign investors routing funds through countries such as Mauritius and lowered the withholding tax rate to five per cent from...
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