-IANS A staggering 3,228 farmers committed suicide in Maharashtra in 2015, the highest since 2001, according to data tabled in the Rajya Sabha on March 4, 2016 – that is almost nine farmers every day. The number of suicides almost equal the number of people killed (3,477) by the Taliban in 2014, IndiaSpend had reported earlier. Vidarbha and Marathwada, with 5.7 million farmers, accounted for 83 percent of all farmer suicides in Maharashtra...
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Indian agriculture yet to catch up with neighbours on public spending, indicates IFPRI report
Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...
More »Will Delhi’s odd-even rule work? -Manas Paul, Parijat Upadhyay, and Boishampayan Chatterjee
-The Hindu Business Line It can, with the right approach and changed mind-sets. Tackling pollution’s a bigger issue The odd-even formula is to be tried out once again in April, after its initial trial implementation in January this year. Repeated pilot testing assumes importance as an attempt to initiate behavioural change, making it acceptable before its permanent enforcement over time. If this is so, two obvious questions arise: How effective is the current...
More »Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
More »In FY15, banks with high NPAs rejected more RTI requests -Surabhi
-The Hindu Business Line IOB, BoB and Canara Bank lead, finds study by Commonwealth Human Rights Initiatives New Delhi: As the Finance Ministry and the central bank try to clean up the balance sheets of troubled public sector lenders, a new study has found that banks that saw a sharp rise in bad loans in 2014-15 were not very forthcoming with information requests by the public. While noting that there was “no positive...
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