-India Infoline News Service Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...
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Farmers’ suicides: CPI(M) outfit organises rally in Delhi on Monday
-The Hindu Business Line New Delhi: All India Kisan Sabha, the farmers’ outfit of CPI (M), has decided to hold a protest of the family members of farmers who committed suicide in the last one year. Families of about 100 farmers, who committed suicide, will sit in front of Parliament to protest the policies of the Narendra Modi Government on Monday. Alarming rise CPI (M) Polit Bureau member and AIKS General Secretary Hannan...
More »India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee
-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...
More »Rural deprivation -Indira Rajaraman
-Livemint.com The problem with the SECC is the absence of cross-tabulations showing the intersections between the seven deprivation sets The original intent of the Socio-Economic and Caste Census (SECC), whose findings for rural India were made public in June, was to collect information on economic and caste identifiers for access to subsidized food under the National Food Security Act of 2013, and to define a priority set with higher access and...
More »Slimming Down -Sudha Pillai
-The Indian Express Reduce Centrally sponsored schemes, specify their objectives and timelines. A Niti Aayog taskforce chaired by Madhya Pradesh Chief Minister Shivraj Singh Chouhan has apparently recommended that 25 per cent of the funds under Centrally sponsored schemes (CSS) be made available to states as untied monies. If this recommendation is accepted, states would receive a total of Rs 42,000 crore during 2015-16 itself. This recommendation should be viewed in...
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