-DNA Broken promises apart, a regular income for farmers is extremely essential There is trouble on the farm front. With untimely rains accompanied by hailstorms and strong winds showing no signs of relenting, further deepening the prevailing agrarian crisis; and with the spate of farmer suicides on the rise, agriculture faces its worst-ever crisis. While the rising number of farmer suicides is only a reflection of how fragile the agrarian economy...
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Farmers caught in a vicious debt cycle -Sahil Makkar & Sanjeeb Mukherjee
-Business Standard Marriages on hold, children being returned from schools over unpaid fees; the rural economy is bearing the brunt of unseasonal rains, a crisis in the sugar cane sector and a fall in prices of farm pro Hapur/ Meerut: In the mid-afternoon, when most farmers are returning home to rest, Rana Ranjit Singh is sweating buckets on his farm in Uttar Pradesh's Hapur district, searching for vegetables left undamaged after untimely...
More »The bitter tale of UP’s sugar industry -Mohammad Ali
-The Hindu Meerut (Uttar Pradesh): Harpal, a farmer in Amroha district, used his countrymade rifle to kill himself in the first week of February. The 52-year-old farmer's son Satpal said his father was worried about not being able to return the Rs. 3.27 lakh he had borrowed from local moneylenders two years ago to buy a tractor. "Sugar mills take sometimes two years to pay the full money for the sugarcane crop. We...
More »Prof. Jean Dreze, noted economist and former member of the National Advisory Council, interviewed by Mayank Mishra
-Business Standard Reduction in leakages in the Public Distribution System (PDS) is driven by marked improvement in states such as Chhattisgarh, Odisha and Bihar, noted economist and former member of the National Advisory Council Jean Dreze has said in a recent report. In an email interview to Mayank Mishra, he said the National Food Security Act should bring the bulk of the population under a single category with clear entitlements. Edited...
More »Small industry needs a better policy deal -Pradeep S Mehta
-The Hindu Business Line A flexible approach to collateral will improve access to bank funding. Red tapism too is a perennial concern If the Make in India campaign has to be successful and help many in our country, we need to focus on enabling small units to function and contribute. A major problem small and medium units face is that of finance. Banks and financial institutions are always very wary of assisting them...
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