-The Hindu Business Line Costs, prices, credit issues are a challenge, just as in other States Ahead of the Assembly elections, the Gujarat government has announced a slew of measures to woo rural voters. This includes waiver of GST on equipment used in micro-irrigation, 0 interest on loans up to ?3 lakh for farmers, and a bonus of ?500 per quintal on cotton. But these sops are not likely to make farmers in...
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'Arbitrary' Method Used to Appoint New CAG, Despite Modi Government's Talk of Transparency -Gaurav Vivek Bhatnagar
-TheWire.in According to NGO Common Cause, Modi missed an opportunity to to set a high benchmark to fight systemic corruption by not putting in place an accountable system to appoint the new Comptroller and Auditor General. An NGO that played a critical role in transforming the way natural resources are allocated by filing PILs in the coal block allocations and 2G spectrum allocation cases, has criticised the Narendra Modi government for following...
More »Country's lowest infant mortality rate recorded in Manipur -K Sarojkumar Sharma
-The Times of India IMPHAL: It is hard to believe that the state, mostly in the news for reports of armed conflicts, has been achieving the country's lowest infant mortality rate (IMR) consecutively for the last three years — standing tall amidst other conventionally well-equipped states. According to the health ministry report, Manipur's IMR stands at nine deaths per 1000 live births. The national IMR, according to the latest available data,...
More »Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan
-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, Institutional Credit flows not only accelerated, but also exhibited diversification to fund livestock...
More »Think beyond loan waivers -Ramesh Chand & SK Srivastava
-The Hindu Strengthening the repayment capacity of farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...
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