-The Hindu Extractive projects like Sardar Sarovar have hit many people. The Gujarat government has filled up the Sardar Sarovar this year, flooding the Narmada. In Madhya Pradesh alone, reportedly, more than 28,000 families still live in the submergence zone. They have not been given due rehabilitation or compensation. However, despite opposition by many groups, the Gujarat and Union governments are going ahead with this forced mass displacement of communities. Disturbing videos are circulating....
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Financial exclusion: 40.9 per cent of small, marginal farmers not covered by banks -George Mathew
-The Indian Express Despite so many initiatives and schemes aimed at financial inclusion, only 40.90 per cent of SMF could be covered by the scheduled commercial banks (SCBs), the report submitted by the RBI panel has said. The Reserve Bank of India’s Internal Working Group (IWG) to review agricultural credit — headed by Deputy Governor MK Jain — has raised several concerns on the farm front as lakhs of small and...
More »RBI panel questions efficacy of populists schemes for farmers, in favour of more structural changes -Atmadip Ray
-The Economic Times The group is also in favour of revising the sub-target for small and marginal farmers to 10% from the existing 8% of adjusted net bank credit with a roadmap of two years. KOLKATA: A Reserve Bank of India working group on agricultural credit has questioned the efficacy of populist measures such as debt waiver and interest subsidy on crop loans, while suggesting a slew of structural changes to boost...
More »Land Reform and Development in J&K -Shinzani Jain
-Newsclick.in Economist Jean Dreze attributes the better performance of the state in human development indicators to the extensive land reforms that were carried out by the National Conference government in the 1950s and contends that Article 370 made these reforms possible. The Government of India recently abrogated the special status enjoyed by the erstwhile state of Jammu and Kashmir under Article 370 of the Indian Constitution. One of the main raison...
More »Southern Railway hit by severe cash crunch -S Vijay Kumar
-The Hindu General Manager sends SOS to Ministry, warns that onboard housekeeping services will have to be terminated Chennai: Amid an unprecedented cash crunch, the Southern Railway has sent an SOS to the Ministry of Railways that if adequate funds are not allotted by August-end, it would have no option but to terminate onboard housekeeping services (OBHS), pest control and supply of linen contracts on all 110 long-distance trains. While officials prepare to...
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