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A reality check indicates that MSP set for 2019-20's kharif crops is not 1.5 times the 'C2' cost of production

  A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...

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Ecological perils of discounting the future -Kalvakuntla Kavitha

-The Hindu With growing environmental distress, policymakers cannot shy away from adopting best eco-management practices In a report last year, the Comptroller and Auditor General of India (CAG) called the Chennai floods of 2015 a “man made disaster”, a pointer to how the encroachment of lakes and river floodplains has driven India’s sixth largest city to this ineluctable situation. The Chennai floods are a symbol of consistent human failings and poor urban...

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Lifting 271 mn out of poverty in 10 yrs, India fastest, Jharkhand No. 1 area: UN -Shalini Nair

-The Indian Express According to the global MPI 2019 report released Thursday, between 2005-06 and 2015-16, India, lifted 271 million out of poverty, significantly reducing deprivations in many of the ten indicators, particularly in “Assets, cooking fuel, sanitation and nutrition”. India has registered the fastest absolute reduction in the Multidimensional Poverty Index (MPI) value among ten countries, spanning every developing region, whose combined population is two billion people. And Jharkhand is...

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Finance Minister Ignores Fundamental Rights of Women Farmers to Inherit Land -Naresh Chandra Saxena

-TheWire.in Why asset redistribution is superior to income redistribution. Land and labour are two basic factors needed by rural people for income generation. While women have always played a key role in agricultural production, their importance both as workers and as farm managers has been growing in the last two decades as more men move to non-farm jobs – leading to an increased feminisation of agriculture. However, ownership of land is concentrated mostly...

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NPAs Under Modi's Mudra Scheme Doubled in Just a Year, Reveals RTI -Dheeraj Mishra

-TheWire.in Public sector NPAs of loans issued under the scheme have increased by Rs 9,204.14 crore in just one year – from Rs 7,277.31 crore in March 2018 to Rs 16,481.45 crore in March 2019. New Delhi: The non-performing Assets (NPAs) under Prime Minister Narendra Modi’s ambitious Pradhan Mantri Mudra Yojana (PMMY) doubled within one year. This information was obtained through an RTI petition filed by The Wire. In a written reply to...

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