-TheWire.in In India’s growth trajectory, for over a decade, domestic private investment levels have remained consistently low and so has (domestic) manufacturing growth. As per recent quarterly estimates, India’s growth rate slowed to 6.3% in the September quarter of 2022-23. There is evidence of a notable contraction in output of manufacturing that’s pulling down growth. This author has previously argued that quarterly growth estimates may not reveal the real state of an economy....
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Need to make agri credit system equitable -Bishwa Bhaskar Choudhary
-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial banks and points towards the poor credit delivery capability of cooperative banks and regional rural banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been...
More »Do not ignore the role of the woman livestock farmer -Madhura Swaminathan and Vijayamba R.
-The Hindu Further, women need to be included in all facets of livestock development — breeding, veterinary care, extension services, training or access to credit and markets The livestock sector is one of the most rapidly growing components of the rural economy of India, accounting for 5% of national income and 28% of agricultural GDP in 2018-19. In the last six years, the livestock sector grew at 7.9% (at constant prices) while...
More »Jharkhand focus on Farm Credit scheme -Animesh Bisoee
-The Telegraph Drought-like situation prompts the state to widen reach Jamshedpur: Jharkhand, staring at a drought-like situation, has set an ambitious target of linking 25 lakh farmers with the Kisan Credit Card (KCC) scheme by March 2023. The Kisan Credit Card (KCC) loan is available to farmers at a seven per cent interest rate, with a waiver of three per cent of the interest by the Centre, when the loan is repaid within...
More »In Nandurbar, delayed MGNREGA wages trap workers in a vicious cycle of debt and migration -Tabassum Barnagarwala
-Scroll.in A rise in work allocation through the pandemic saw an enthusiastic response. Now, delayed wages and reduced allocation forces workers out of the district again. Bardha Girdhar had to wait more than six months to get Rs 2,976 he had earned for digging trenches in Nandurbar. A farmer who own a patch of land of a little over two acres in the district, Giridhar spends some part of the year growing...
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