-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
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Post-Election Blues in West Bengal by Sumanta Banerjee
Trinamool Congress government’s policies in West Bengal are leading to suicides of small farmers, a reign of terror in the Jangalmahal area and a curbing of academic and trade union rights. Its student activists beat up students and teachers who do not profess loyalty to the party. Will the CPI(M) which led the previous Left Front government for 34 years and paid the price for its insolence and corruption...
More »MIHIR SHAH UNVEILS A BOLD NREGA-2
MGNREGA, which entitles millions of workers enrolled under it to at least Rs 100 a day for 100 days of work in a year, is undergoing an overhaul based on a set of recommendations of a committee headed by the Planning Commission member Mihir Shah. Encapsulated in The Mahatma Gandhi National Rural Employment Guarantee Act 2005 - Operational Guidelines 2012 in what is being called “MGNREGA 2.0”, the recommendations aim for...
More »Silent Report by Prabhat Patnaik
In a report released on January 30, and covered by the world’s press the next day, the United Nations has warned of a severe resource crisis that would overtake the world if current trends persist. A growing population and a rise in the number of middle-class consumers will increase the demand for resources so rapidly that even by 2030 the world will need at least 50 per cent more food,...
More »Born at 44 by Richard Mahapatra
Odisha village gets pattas after nearly half a century. Land reform programmes get jumpstart They say home is where the heart is, but that’s not always true. Ask Arakhita Pradhan, resident of Chilipoi village in Odisha’s Ganjam district. On a cold evening some 44 years ago, the authorities forcefully shifted him and his neighbours to a place where no civic amenities existed. Reason: the state had built an irrigation dam that...
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