-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...
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Aadhaar and Brazil soothe French heartache -KM Rakesh
-The Telegraph Bangalore: Six years ago, a 16-year-old Revanna M had missed a chance to travel to France for football training because, as an orphan, he didn't have the documents to obtain a passport. Memories of that heartbreak returned to haunt him last summer when he was chosen by an NGO as one of six underprivileged youths to visit Brazil during the football World Cup. Again, a passport seemed elusive for Revanna,...
More »As Many As 601 Farmers Have Killed Themselves In Maharashtra In Last 3 Months: Report -Rituparna Chatterjee
-HuffingtonPost.in NEW DELHI: A chilling humanitarian crisis is unfolding in Maharashtra, new government data shows. As many as 601 farmers, driven to desperation after crop damage due to unseasonal hailstorm and rains, have killed themselves in the last three months alone — which amounts to almost seven farmer suicides a day, the Times of India reported. Vidarbha, from where Chief Minister Devendra Fadnavis hails, accounted for the highest number of cases —...
More »Less cash for Dalits, tribals -Basant Kumar Mohanty
-The Telegraph New Delhi: Finance minister Arun Jaitley has slashed the overall allocation for Dalits and tribals in his budget compared with last year's proposals in a trend critics fear could see the "last man" gradually becoming the "lost man". The media, too, came in for criticism for giving the "impression" that the country had no SC/ST citizens. Jaitley yesterday set aside Rs 30,851 crore for Scheduled Castes and Rs 19,980 crore for...
More »Decoding the oil price fall -Raghuvir Srinivasan
-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...
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