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Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)

-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from Money lenders,” said Modi. “When governments make such announcements,...

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Palanpur, a fascinating story of income growth, social change -Niranjan Rajadhyaksha

-Livemint.com This Uttar Pradesh village offers a microcosm of the broader change in Indian villages since independence Palanpur is a relatively unknown small village in Moradabad district of Uttar Pradesh. However, it has a special place in development economics because of a research project that has stretched over seven decades. Economists have conducted seven detailed surveys of Palanpur since the 1950s, a rare longitudinal database that shows how the village has changed...

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West Bengal: New schemes to provide Rs 2 lakh compensation for farmers' deaths, says Mamata Banerjee

-Scroll.in The chief minister said the ‘Krishak Bandhu’ schemes are expected to benefit over 72 lakh farmers in the state. West Bengal Chief Minister Mamata Banerjee on Monday announced schemes for farmers, months ahead of the 2019 Lok Sabha elections. Banerjee said that the state government will pay the premium on crop insurance schemes and will give farmers Rs 5,000 per acre annually, ANI reported. In case a farmer between the age of...

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India is 'planting forests' to forestall the impending water crisis. It is a fool's errand -Peter Smetacek

-Scroll.in Instead, for a start, we should allow forests to regrow naturally. Planting trees creates a plantation, not a forest. India is again wasting valuable time, effort and resources on a national scale as it races to forestall an impending water crisis. The Ministry of Environment, Forest and Climate Change is conducting massive afforestation drives, planting native species. But a forest is a self-sown, self-regenerating community of plants and dependent organisms, from...

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Fasal Bima Yojana: Farmers' Distress is Source of Profit for Companies -Subodh Varma

-Newsclick.in The Modi government paid Rs.34,859 crore and farmers paid Rs.7,255 crore to insurance companies in three crop seasons. Among the series of schemes launched (or repackaged) by the Narendra Modi-led National Democratic Alliance government, one of the most toxic is the Pradhan Mantri Fasal Bima Yojana (PMFBY). Its purpose is to provide crop insurance to farmers, that is, if the crop fails due to some non-preventable reason, such as weather calamity...

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