-TheWire.in Various remedies are being suggested to tackle the growing rate of unemployment, but are they in tandem with the needs of the workers? Two issues were concealed under the din of elections. The first is the depth of the agrarian crisis with rising costs, falling prices and diminishing livelihoods. The second is the declining rate of employment in urban India, even within the informal sector, and the tumult among the youth...
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Cheque bounce cases: Punjab farmers block highway as talks with banks, govt fail -Raakhi Jagga
-The Indian Express On Wednesday evening, a meeting had taken place between Cooperation Minister Sukhjinder Singh Randhawa, representatives of various banks and farmer union leaders. Ludhiana: ON THE fourth day of protests over banks taking action against farmers in cheque bounce cases, farmers’ groups sat on a dharna blocking the Ludhiana-Ferozpur state highway after talks with banks and government representatives failed. The farmers are protesting against banks’ practice of taking blank cheques...
More »Kerala's alternative to farm loan waivers has lessons for India -Nidheesh MK
-Livemint.com Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
More »PNB lost four times more money than SBI did to 'jewel thieves' -Chethan Kumar
-The Times of India BENGALURU: Highly cash-dependent traders in gems and diamonds have cost banks at least Rs 5,000 crore through 90 defaults, bank-wise and company-wise data on wilful defaulters compiled by the Federation of Bank of India Staff Unions (FBISU) shows. The top loser is PNB, with just nine defaulters but a loss of Rs 1,790 crore — four times the amount SBI lost. SBI reported the most number of wilful defaults...
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