-PTI New Delhi: An RBI survey has found that 30% ATMs of public sector banks and 10% belonging to private banks were non-functional due to technical snags and no cash, among other reasons. In a written reply to the Lok Sabha, minister of state for finance Santosh Kumar Gangwar said RBI has informed that it recently conducted a “representative sample survey” of about 4,000 ATMs situated in metro, semi-urban, urban and rural...
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Pradhan Matri Fasal Bima Yojana gets big boost; here’s how -Sandip Das
-The Financial Express The government’s move to roll out the Pradhan Mantri Fasal Bima Yojana (PMFBY) from the ongoing kharif season has got a boost with 18 agriculturally critical states, including Andhra Pradesh, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Uttar Pradesh, Karnataka, Odisha and Maharashtra, having floated tenders to identify insurers who will offer the scheme to farmers. According to agriculture ministry data, Rajasthan has completed the bidding process for identifying insurance companies...
More »25 years of change: Why India’s farm sector needs a new deal -Zia Haq and Gaurav Choudhury
-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....
More »UP, Bihar lead in crimes against Dalits -Vikas Pathak and G Sampath
-The Hindu Data from Gujarat show such atrocities impossibly make up 163% of the total number of crimes. Uttar Pradesh, Rajasthan and Bihar lead the country in the number of cases registered of crimes against the Scheduled Castes, official data pertaining to 2013, 2014 and 2015 show. The National Commission for Scheduled Castes (NCSC) counts these States among those deserving special attention. While U.P. has witnessed a political war of words over an expelled...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
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