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About Rs.2.51 lakh cr farm loan waived off by States since 2012: study -Prabhudatta Mishra

-The Hindu Business Line To make farmers aatmanirbhar, the governments should instead nurture a healthy credit culture and empower them via a robust ecosystem rather than relieving all the borrowers, irrespective of their distress levels. Only 4 out of the 21 political parties lost the election (either at the Centre or State) following the electoral promise and implementation of a farm loan waiver (FLW) scheme started by Haryana’s Devi Lal government. A...

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CSE report: State of Biofertilizers and Organic Fertilizers in India (2022)

-Centre for Science and Environment It is becoming clearer by the day that chemical fertilizers are not a sustainable solution to the problem of depletion of soil nutrients as a result of agriculture, particularly crop production. Biofertilizers and organic fertilizers not only provide nutrients to crops, they also help in restoring soil health and ecological balance. As we (re)discover the power and potential of biofertilizers and organic fertilizers, we need to...

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MGNREGA: Supreme Court agrees to list application highlighting plight of rural poor not getting wages

-The Hindu State Governments were facing a shortage of Rs.9,682 crores as on November 26, 2021, says advocate Prashant Bhushan. The Supreme Court on Wednesday agreed to list an application mentioned urgently by advocate Prashant Bhushan highlighting a "grave crisis" concerning crores of rural poor who were not getting their wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) even as the COVID-19 pandemic had driven them to the brink...

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Do MGNREGA wages need an upward revision? -Parvathi Benu

-The Hindu Business Line This year, the average wage was hiked by a mere 20 paise to Rs.209.05; workers across States say wages are insufficient to meet their needs The annual increase in the average MGNREGA wages has been quite uneven. While the wages increased between 8 to 10 per cent in FY13, FY14 and FY21, the increase was a mere 1.6 per cent in FY20. Annual increases in individual states have been...

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Sri Lanka says it will default on its entire $51-billion external debt

-Scroll.in It has come to a point that making debt payments is impossible, the country’s central bank governor said. Crisis-hit Sri Lanka on Tuesday said it would default on its entire external debt worth $51 billion (over Rs 3.88 lakh crore) till it receives a bailout from the International Monetary Fund, AFP reported. A country’s external debt pertains to the money borrowed by it from foreign lenders through commercial banks, governments, or international...

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