-The Hindu It is time to make victim impact statements mandatory In Mallikarjun Kodagil (Dead) v. State of Karnataka (2018), the Supreme Court stressed the need to have a victim impact statement “so that an appropriate punishment is awarded to the convict”. This throws up many issues that are of interest to the victims of crimes. The term victim came to be defined in criminal law only in 2009 in India. The victim...
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As India rethinks labour rules, one item not on the agenda: Childcare facilities for women workers -Mirai Chatterjee
-Scroll.in Full-day, quality childcare can make a crucial difference in India’s fight against malnutrition, and can possibly enhance incomes of working women. Savitaben is a tobacco worker in Rasnol village, Gujarat. She has two young children under five years of age, and every morning she leaves them in a crèche run by the Self-Employed Women’s Association or SEWA, a trade union of over 15 lakh poor, self-employed women workers. The children are...
More »An outstanding alternative to farm loan waiver -Suman Layak
-The Economic Times The world is no stranger to farm debt crises like the one India is seeing today. Back in the 1980s, the Canadian parliament enacted a law to stop foreclosures on farm debt, after prices collapsed and interest rates jumped to as high as 24%. The law was in force for a dozen-odd years. It identified insolvent farmers, facilitated agreements between the borrowers and lenders, and helped some farmers move...
More »A double-edge sword for farmers -- Loan waivers shrink credit supply to the farm sector -Kushankur Dey
-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...
More »Fasal Bima Yojana: Farmers' Distress is Source of Profit for Companies -Subodh Varma
-Newsclick.in The Modi government paid Rs.34,859 crore and farmers paid Rs.7,255 crore to insurance companies in three crop seasons. Among the series of schemes launched (or repackaged) by the Narendra Modi-led National Democratic Alliance government, one of the most toxic is the Pradhan Mantri Fasal Bima Yojana (PMFBY). Its purpose is to provide crop insurance to farmers, that is, if the crop fails due to some non-preventable reason, such as weather calamity...
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