-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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Decoding Karnataka debt trap: Rise of a new breed of private moneylenders -Sowmya Aji
-The Economic Times MANDYA: A new breed of moneylenders has pushed farmers of moneyed Mandya district in Karnataka into an endless debt trap, leading to mounting suicides, even as the institutionalised Credit system has failed them. The system is so well entrenched that the borrowers themselves are taking steps to protect the moneylenders from a government crackdown on the practice. Farmers — big, small and marginal — have taken loans from private...
More »Maharashtra records most farmer suicides -Pavan Dahat
-The Hindu Chhattisgarh records the fourth highest in the country. With 2,568 farmers’ suicides during 2014, Maharashtra recorded the highest number in the country, though activists pointed out that the number was far higher. The data released on Friday by the National Crime Records Bureau also show that Chhattisgarh is among the top four States in farmers’ suicides. According to the NCRB, Maharashtra recorded 578 fewer suicides than 2013, when 3,146 farmers ended their...
More »Monsoons and markets -Ashok Gulati
-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...
More »Nurture mission -Reetika Khera and Rajkishor Mishra
-Frontline Odisha shows the way in the implementation of the ICDS scheme to ensure that children receive nutrition and care in their earliest years, but the Centre’s moves to slash budgetary allocations could wreak havoc on such programmes. At the Tasarda anganwadi centre in Odisha’s Mayurbhanj district, as the auxiliary nurse and midwife (ANM) pulled out the blood pressure (BP) instrument to check a pregnant woman, the children at the anganwadi began...
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