In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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Indian family budgets are stretched, they’re borrowing more. Faster vaccination can fix this -Ila Patnaik and Radhika Pandey
-ThePrint.in RBI data shows a sharp increase in households borrowing against gold. Other indicators also show higher borrowing. More credit is fine, but vaccination needs priority. The second wave of the Covid-19 pandemic and the ensuing lockdown has hit household incomes sharply. Households have survived to a large extent by borrowing. The Reserve Bank of India (RBI) data shows a sharp increase in households borrowing against gold. In addition to borrowing from the...
More »Agri Ministry’s New App Gives Microsoft Access to Millions of Farmers’ Personal Data -Sashwata Saha
-TheCitizen.in ‘The whole process is faceless’ As the managing director of CropData Sachin Suri explained to Microsoft’s news desk last year, the abstract looking artwork behind him is not a painting. “This is actually a spectral analysis satellite image of farms. Each tiny spot, or a geo-spatial tile, is an actual field in Punjab and the different colors denote the stress levels in individual farms.” That frame is the crux of what CropData,...
More »Second wave wreaking havoc on rural lives. Will it impact rural livelihoods as well?
With the rise in Covid-19 daily new cases and daily new deaths since March this year, media reports (please click here and here) on migrant workers returning back to their native places (i.e. places of origin) from migration destinations (i.e. workplaces likes cities and large industrial towns to where the informal and low skilled workers from the marginalised sections of the society migrate seasonally, and sometimes for a longer duration,...
More »PM-Kisan first installment late; Covid blamed -Harikishan Sharma and Parthasarathi Biswas
-The Indian Express The first installment is due between April 1 and July 31. Last year, most beneficiaries received the money in their bank accounts between March 24 and April 20. This year, as April ends, no farm households has received any money. Pune: Amid the surge in Covid-19 cases, the wait of over 9 crore farmer families for the first installment of their PM-Kisan payout for the financial year 2021-22, is...
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