-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of banks in the state. At least 52.77 per cent rural households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...
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India's tough stand on WTO gets support from UN body IFAD
-PTI India is asking for a change in the base year (1986-88) for calculating the food subsidies Supporting India's tough stand at WTO on the food security issue, UN body for development of agriculture IFAD today said ensuring food for its people is more important than creating jobs in certain other nations. "Creating jobs for some other country, while people are still hungry, doesn't make sense... If I was in the position of...
More »Was India truly the party pooper at WTO? -Aruna P Sharma
-Down to Earth Last year, when commerce minister of UPA government had agreed to the trade facilitation pact pushed by developed countries, it was perceived as compromising the interests of poor nations that need to stockpile foodgrains for public food programmes After weeks of speculation on whether India would sign on the dotted line, the new World Trade Organisation agreement to ease worldwide customs rules collapsed late Thursday night in Geneva. Many (including...
More »Right reasons to get hitched -TV Somanathan and Gulzar Natarajan
-The Indian Express A headlong rush into PPPs will only leave a trail of disputes, renegotiations, corruption. The conventional wisdom in India on public-private partnerships (PPPs) is that they help governments raise capital to meet large infrastructure investment targets. But this rationale for promoting PPPs does not stand on strong foundations. There are three potential reasons for supporting PPPs. First, they enable governments to access more capital without visibly breaching fiscal targets. In...
More »Controlling farmers' suicide: Toughest challenge for Telangana, Andhra governments -Manish
-The Times of India VISAKHAPATNAM: Among the many challenges before them, bringing down the number of farmer suicides might prove to be one of the toughest for the new governments of Andhra Pradesh and Telangana. As per the national crime records bureau ( NCRB) data, unified Andhra Pradesh was only second to Maharashtra in terms of suicides by self-employed persons in agriculture. While Maharashtra had witnessed around 3,146 deaths in 2013, it...
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