-Livemint.com Taking a cue from election results, political parties may announce more farm loan waivers but this will do little to fix the persistent distress in rural households The drubbing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections in Madhya Pradesh, Rajasthan and Chhattisgarh has proved beyond doubt that all isn’t well in India’s hinterland. An analysis of the poll results in these three states show that the...
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Demonetisation and agrarian crisis exposed consequences of financial exclusion: Report
-PTI NEW DELHI: The sudden move to demonetise a bulk of Indian currency in circulation and the deteriorating agrarian distress in the country have exposed the consequences of financial exclusion, said a report released Tuesday. The India Exclusion Report 2017-18, brought out by Centre for Equity Studies (CES), said people's ability to spend, receive wages and survive depended crucially on whether they were part of the banking system or not after 84...
More »In Madhya Pradesh and Rajasthan, Floundering MGNREGS Angers People -Subodh Varma
-Newsclick.in A combination of fund squeeze and political aversion has deprived lakhs of people from getting MGNREGS work, even though wages are very low. As the job crisis rages unabated across the country, demand for work under the rural jobs guarantee programme (MGNREGS – Mahatma Gandhi National Rural Employment Guarantee Act) has risen dramatically in the past few years. In Madhya Pradesh and Rajasthan, the two big states where polling for Assembly...
More »Farmers badly hit by demonetisation, admits Agriculture Ministry -Sobhana K Nair
-The Hindu Report concedes that farmers couldn’t buy seeds due to cash crunch. Millions of farmers in India were unable to buy seeds and fertilisers for their winter crops because of demonetisation, according to a report submitted by the Union Agriculture Ministry to the Parliamentary Standing Committee on Finance. This official acknowledgement of the impact of demonetisation comes on a day when Prime Minister Narendra Modi, speaking at a rally in Jhabua, Madhya...
More »Worsening Situation in our villages -Ashwani Mahajan
-The New Indian Express In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17 In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17. It has revealing data about the worsening situation of farmers and villages across India. The survey shows that the average monthly income of rural households in India is...
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