-The Financial Express If you are a risk-averse investor and have been banking on small savings schemes for the purpose of saving and investment as well as building your retirement nest egg, then there is some bad news for you. For, the government has reduced the return on small savings schemes – including Public Provident Fund (PPF), NSC, Kisan Vikas Patra and Senior Citizen Savings Scheme — by 10 basis points....
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Farmer suicides: 70% of India's farm families spend more than they earn -Devanik Saha
-IndiaSpend.org The failing economics of such farms–agricultural households in the south are most indebted–are exacerbated by additional loans that families take to meet health issues, leaving them with diminished ability to invest in farming. Nearly 70% of India’s 90 million agricultural households spend more than they earn on average each month, pushing them towards debt, which is now the primary reason in more than half of all suicides by farmers nationwide,...
More »Notebandi to bazarbandi - India's cattle farmers stare at ruin -Dhrubo Jyoti
-Hindustan Times First came demonetisation. Then, as banknotes slowly returned to circulation, a crackdown on illegal slaughterhouses in the state wrecked the local market for cattle. In Ilyas Khan’s eyes shine the pride of a grand past that give way to the clouds of an uncertain future. Two decades ago, the Thursday cattle market he runs in western Uttar Pradesh’s Banat saw traders troop in from faraway Delhi and Bihar. Today, the...
More »100 days of Yogi: Adityanath falters on law and order promise in Uttar Pradesh as crime spikes -Prashant Jha and Rajesh Kumar Singh
-Hindustan Times But the Uttar Pradesh government isn’t panicking yet, and believes it can get things under control with tough measures, including encounters. Lucknow: A petrol pump owner looted; a trader murdered; jewellery shops robbed; a political leader killed; a constable shot; four members of a family -- including two girls -- hacked; a police sub-inspector beaten up; caste clashes erupt. Glance through local newspapers of Uttar Pradesh, and the headlines would be...
More »Mandsaur agrarian unrest: The worth of a crore -Milind Ghatwai & Mohammad Hamza Khan
-The Indian Express Six people died during the farmer protests in Mandsaur, MP, after which the government announced Rs 1 crore to each of the families. The Indian Express visits their homes to hear their stories — from a new-born who will never see her father to an aunt who asks: “Will we get the money? When?” How money reached them When five protesters died on June 6 in alleged police firing...
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