-TwoCircles.net Punjab is considered to be one of the most prosperous states in India.A study came out a few days ago that states that 98% of rural households are in debt.The average amount of debt per household is close to 5 Lakh Rupees. The report points out that more than half of the debt is to non institutional lenders,the Arhtias,the middlemen and money lenders.Small and marginal farmers can not go to...
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Don’t leave out the small farmer -S Chandramohan
-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...
More »Dismantling food inflation -Indira Rajaraman
-The Business Standard Of all the measures in the final Union Budget and Rail Budget for 2014-15, the micro-interventions that address food inflation by dismantling supply-side barriers are the most important. They carry added significance in a year when the monsoon has been deficient in a wide swathe of the western and northern parts of the country. The promise to bring down the hold of wholesale warlords in the Agricultural Produce Marketing...
More »Co-op sector share in rural credit declining; PACs should be revitalised
-The Hindu Business Line Visakhapatnam: The share of co-operatives in rural credit, which once stood at 60 per cent in 1990, has now declined to a paltry 15 per cent and therefore there is an urgent need to revitalise primary agricultural co-operatives (PACs) by converting them into multi-service centres, according to Jiji Mammen, the Chief General Manager of the NABARD, Hyderabad. He was speaking here on Wednesday at the inaugural of...
More »A full plate for Modi-Raghuvir Srinivasan
-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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