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Is loan waiver a panacea for rural distress? -Nilanjan Banik

-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of farm loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....

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How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair

-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...

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Karnataka excels in social audit coverage of both districts & GPs under MGNREGA in 2017-18

  One of the salient features of the Mahatma Gandhi Rural Employment Guarantee Act (2005) is that there are provisions in it to ensure transparency and accountability. Section 17(2) of the MGNREGA says that the gram sabha shall conduct regular social audits of all the projects under the scheme taken up within the gram panchayat (GP). In addition to that, Section 17(3) of the MGNREGA states that the GP shall make...

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Karnataka: Tradition to the rescue -Deepthi Sanjiv

-Bangalore Mirror In Hassan, Kalyanis are being rejuvenated to get water for the parched district When she saw that her district, Hassan, was listed among the 16 permanent drought-prone districts of the state by the Central drought study committee, writer and social worker Rupa Hassan was dismayed. Rupa, who hails from Mysuru and settled in Hassan post-marriage, could not fathom how a green district that has Sakaleshpur of the Western Ghats as...

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Modi claims all Indian villages have electricity but India Today report says otherwise -Anindya Banerjee

-India Today The government of India claimed that all villages in the country have been electrified. New Delhi: Prime Minister Modi tweeted, "28th April 2018 will be remembered as a historic day in the development journey of India. Yesterday, we fulfilled a commitment due to which the lives of several Indians will be transformed forever! I am delighted that every single village of India now has access to electricity." The Prime Minister specifically...

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