-The Hindu There is no organised conspiracy against NGOs. It is in the nature of power to exercise greater control, and exempt itself from accountability. The recent changes in the rules governing foreign funding of NGOs under the Foreign Contribution Regulation Act (FCRA) have been widely discussed. The last word on it will perhaps never be written. The UPA government initiated this and we see some concrete changes now. Sifting through the...
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Think tank report hints at diversion of cheap farm loans -Puja Mehra
-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...
More »Book Review: Coping with Climate Change
If environmental degradation disturbs you and you are averse to reading technical manuals and copious volumes on the subject, there is some good news for you. A recently published book from Gene Campaign entitled Coping with Climate Change is doing the rounds among environmentalists, civil society activists, public servants and researchers. Edited by Dr. Suman Sahai, the book has been written in a coffee book style to make easy serious...
More »Bt Cotton responsible for suicides in rain-fed areas, says study -Vidya Venkat
-The Hindu Suicides decrease with increasing farm size and yield, but increase with the area under Bt Cotton’. The cultivation of Bt cotton, a genetically modified, insect-resistant cotton variety, is a risky affair for Indian farmers practising rain-fed agriculture, according to a latest study published by California-based agricultural scientists in the journal Environmental Sciences Europe. Annual suicide rates of farmers in rain-fed areas are directly related to increase in Bt cotton adoption, say...
More »Super rich defaulters push indian banks towards collapse
-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs. It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...
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