-The Indian Express We need a contingency plan that combines real-time technology with robust insurance and easy credit. On April 22, 2015 the Indian Met Department (IMD) released its first forecast for the upcoming monsoon rains, saying it is likely to be below normal, at 93 per cent of the long period average (LPA). Only a week before that, on April 15, a private forecaster, Skymet, had predicted normal rains (102...
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World Bank: NREGA, the only insurance for India
-The Hindu The World Bank said on Tuesday that the spike in ‘unmet demand’ for MGNREGA jobs is an indicator of increasing rural distress. Since the scheme is the only and therefore the best bet India has for mitigating the impact on the poor of the recent unseasonal rains, the government should take steps aimed at arresting delays in wage payments and the rising unmet demand for jobs. “If you are a...
More »The inclusion project -Shamika Ravi
-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...
More »If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha
-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...
More »Linking farming to market won’t help -Sucha Singh Gill
-Tribune India Policy shift towards market-oriented management will hit marginal farmers hard There is unfolding of the policy of the NDA government towards agriculture. Contrary to election speeches of Prime Minister Narendra Modi, the government has kept quiet about the Swaminathan Commission report about fixing the MSP of agricultural commodities at cost plus 50 per cent. At the same time, the government has given indication towards reduced FCI operations. It has been...
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