-The Indian Express The picture is completed by the Pradhan Mantri Fasal Bima Yojana (crop insurance) and e-market platform that he is going to launch on April 14. For the last two months, the Narendra Modi government seems to have gone into an overdrive to appease farmers. Several farmer rallies have been organised and the common theme has been the PM’s “dream” to double the incomes of farmers by 2022. According to...
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Inflation higher in poorer states
-The Financial Express This is a double whammy for the poor. Despite a fall in retail inflation to 5.18% in February from a 17-month high of 5.69% in the previous month, most of the lower-income states Witnessed higher retail inflation than the richer ones, reports fe Bureau in New Delhi. According to DK Joshi, the chief economist at Crisil, higher-income states like Haryana, Kerala, Uttarakhand, Maharashtra and Gujarat saw lower retail inflation...
More »Rain will hit wheat crop: Farm experts
-PTI Farmers warned of fungal disease stripe rust or yellow rust attack on crop because of conducive weather conditions Chandigarh: Untimely rains accompanied by hailstorm and strong winds in Punjab and Haryana will hit wheat crop which was to be harvested next month, feared farm experts, saying showers at this stage were “unfortunate” for growers who were hoping for bumper yield. “Rains along with strong winds at this point of time are not...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
More »Aadhaar bill is through after Opposition scores a few brownie points
-The Indian Express The process of return of the bill saw an animated debate over why it was brought as a money bill. Since it was a money Bill, it could not be rejected or amended by Rajya Sabha Hours after the Opposition, making most of the NDA’s lack of numbers in Rajya Sabha, pushed through five amendments and returned the Aadhaar Bill to Lok Sabha, the Lower House rejected the changes...
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