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Insurance scheme for farming sector on the anvil: Jaitley

-PTI Amritsar: "In the coming time, we have plans to spend Rs 50,000 crore on farming and irrigation sectors in the country." Union Finance Minister Arun Jaitley on Tuesday said the Centre was planning to spend Rs 50,000 crore on the farming and irrigation sector and plans were also afoot to roll out an insurance scheme exclusively for the farming sector to compensate for crop loss. Admitting that the condition of farmers is...

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Why poverty is development’s best friend -G Sampath

-The Hindu The ‘development’ discourse serves the same purpose as the colonial apparatus but without the bad press. After 67 years of failing to eliminate deprivation in India, is it time to look for new ideas? The Socio-Economic and Caste Census (SECC) 2011, which hit the headlines earlier this month, tells us that half the households in rural India are landless, dependant on casual manual labour, and live in deprivation. By suggesting...

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MNREGA hasn’t just generated jobs – it has created forests, ponds, wells and changed lives -Krushna Ranaware

-Scroll.in Thanks to the law, workers have built roads where there were none, replaced scrublands with forests, levelled lands and made them cultivable. The Mahatma Gandhi National Rural Employment Guarantee Act envisages that the works undertaken under it will strengthen natural resource management and address causes of chronic poverty like drought, deforestation and soil erosion, thereby encouraging sustainable development. However, the fact that it is not simply a work creation programme but...

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92% rural homes run on less than Rs 10,000 per month -Subodh Varma

-The Times of India NEW DELHI: Giving a more storied picture of rural India, the Socio-Economic and Caste Census (SECC) released on Friday says that a staggering 92% of rural households reported their maximum income below Rs 10,000 per month. Nearly three quarters of all rural household said that the income of the highest earning member was Rs 5,000 or less. The SECC was conducted during 2011-12 with some states completing it...

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Tribal alienation in an unequal India -Mihir Shah

-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...

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