-The Indian Express Gandhinagar: Acting on a petition that, among other prayers, seeks compensation of Rs 5 lakhs for the families of 692 farmers who reportedly committed suicide in Gujarat between January 2003 and October 2012, a bench of Supreme Court issued notice to Gujarat Government directing it to file reply in four weeks. The petitioner group has been identified as Citizens Resource & Action Initiative (CRANTI). It had earlier,...
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Floods in 4 states lead to economic loss of Rs 19,000 crore in past one year -Vani Manocha and Kiran Pandey
-Down to Earth Close to 20 million people displaced or affected Since October 2013, when Phailin hit Odisha's coast, India has witnessed a series of extreme weather events like cyclonic storms, cloudbursts, floods, droughts and hailstorms. These events not only destroyed lives and livelihood of people, but also caused a huge economic loss to the state and national economies. In the period between October 2013 and October 2014, floods in three states-Odisha, Assam...
More »Land conundrum and the hunger games -Prasanna Mohanty & Kaushik Dutta
-The Financial Express A mechanism is needed to compensate farmers for not exercising their right to sell productive land but continue to grow foodgrains. India finds itself in a piquant situation. While its population, and with it the number of poor, is growing, its cultivable land is not only shrinking, more worryingly, the economic returns of the agricultural use are diminishing vis-a-vis non-agricultural use. The situation may not be alarming right now,...
More »A big bang reform that may be spot on -TT Ram Mohan
-The Hindu The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...
More »Ashok Gulati, former chairman of the Commission for Agricultural Costs and Prices, and at present chair professor agriculture, the Indian Council for Research on International Economic Relations, speaks with Sandip Das
-The Financial Express From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level committee to recommend measures for restructuring the Food Corporation of India (FCI), the government has taken various steps for cutting down food subsidy and curbing further spike in agricultural commodity prices. From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level...
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