-The Hindu Business Line They not only provide a reliable supply of electricity, but will also help reduce the subsidy outgo of States Two-thirds of the total irrigated area in India uses groundwater pumping, powered by more than two crore electric and 75 lakh diesel pumps. Access to groundwater depends on reliable and affordable electricity supply. This is an important issue as it concerns livelihoods of the rural poor and food security...
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Farm suicide as an indicator of agrarian crisis should be used with caution
Passionate about the deepening of agrarian crisis, quite often journalists and media persons cite figures related to farm suicide (as provided by the National Crime Records Bureau) in order to draw the attention of the readers. They do so in the following ways: * Compare the absolute number of farm suicides (viz. suicide by cultivators + suicide by agricultural labourers) across regions/ states for a particular time point or time period...
More »Hidden figures: The numbers show absolute deterioration in the condition of farmers -Prabhat Patnaik
-The Telegraph Their demand for assured remunerative prices, therefore, is perfectly justified There are occasions when one suddenly becomes aware not just of the inadequacy of economic concepts for understanding reality but even of their obfuscating role. One such occasion was the recent kisan march in Delhi. The peasants have been facing distress for long, which has resulted in more than three lakh suicides over the last two-and-a-half decades, in growing indebtedness...
More »Will Goods and Services Tax help in the doubling of farm income? -P Ravichandran
-The Hindu Issues such as levy on warehousing, agri-project imports pose a challenge With the introduction of Goods and Services Tax (GST) — India’s biggest reform in the tax structure — the government has succeeded in moving a step closer towards making the country a unified common market, leading the nation’s economy towards growth and sustainability. India’s fast-moving consumer goods (FMCG) sector has grown consistently over the past three years, reaching over...
More »Bank credit: is it growing, and where's it going? -Aarati Krishnan
-NDTV Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit taps remain shut....
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