-Livemint.com Loan waivers and the promise to raise MSP cannot solve the problem The victory of Congress party in the recent assembly elections of Chhattisgarh, Madhya Pradesh and Rajasthan has brought the agrarian crisis in rural areas to the centre of political debate. While there are several factors in election victories, the severity of the agrarian unrest was surely a major factor. While there is consensus that the incumbent Bharatiya Janata Party...

-PTI NEW DELHI: Joining the debate on farm loan waivers, government think-tank Niti Aayog on Wednesday said such a move helps only a fraction of farmers and is no solution to mitigate agrarian distress. Congress chief Rahul Gandhi has been pressing the government on the issue, saying he will not let Prime Minister Narendra Modi sleep until a loan waiver is given to all farmers. "Farm loan waiver is not a solution...

-Newsclick.in Funding is not keeping pace with demand, and delays or vanished dues are discouraging job seekers in these times of extreme rural distress. Here is a little known but chilling fact about the rural job guarantee scheme, MGNREGS: between April and mid-December this year, about 1.28 crore people who demanded jobs were turned back. This refusal to give work has been happening every year but it has increased after the Modi...

-Livemint.com Inflation for services and a few discretionary items has been higher in rural areas compared to urban centres When income is stagnant, a logical outcome could be curtailing expenditure. But rural India seems to be fine with paying higher prices for services that range from education to matinee shows. The chart above shows inflation for services and a few discretionary items has been higher in rural areas compared to urban centres. It...

-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...