-The Times of India NEW DELHI: Soon, the last-mile connectivity in remote villages of the country's backward pockets may be provided by transport services run by women's Self Help Groups. The Centre is working on a scheme to provide interest-free loan to women's SHGs to enable them to buy vehicles and hire drivers. These vehicles will serve as public transport to villages not connected to the main town by any such service....
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What explains the Maharashtra farmers' strike in a bumper crop year? -Sayantan Bera
-Livemint.com Maharashtra farmers continue with their protests despite assurance from chief minister Devendra Fadnavis of a debt waiver by October New Delhi: The fifth day of the strike by protesting farmers in Maharashtra on Monday witnessed unprecedented visuals of milk tankers being ferried to state capital Mumbai under heavy police cover. Not long ago, before the monsoons arrived last year, rail wagons transporting water to severely drought-hit districts in the state were...
More »The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta
-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...
More »Rs 20,000 in bank accounts to be rural poverty barometer -Subodh Ghildiyal
-The Times of India NEW DELHI: A gram panchayat's success in reducing poverty will be judged by the number of households with over Rs 20,000 in savings bank accounts or percentage of families with Aadhaar-linked bank accounts. Or, by the percentage of its households which have availed over Rs 20,000 as bank credit. Interestingly, higher the number of households with bank loans for "diversified livelihood", the better the village would be assessed...
More »A new economics for a better world -Simon Sweeney
-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...
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