-The Hindustan Times Kendrapara (Odisha): Fresh rains compounded the woes of northern Odisha's flood-hit residents on Saturday, though water receded in several rivers that had burst their Banks. The deluge has put over 2.8 million people in the state at risk and destroyed crops on 260,000 hectares of land. At least 38 people have been killed so far. Sabitri Swain, from Ratanpur village in Kendrapara district, said she spends the night in a...
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Don’t leave out the small farmer -S Chandramohan
-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...
More »98% households in villages under debt: Study -Sarbjit Dhaliwal
-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of Banks in the state. At least 52.77 per cent rural households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...
More »Putting the poor on the list -Charan Singh, Akshay Goenka and Ritesh Garg
-The Hindu Business Line A new approach to financial inclusion using post offices The Government is making intensive efforts to extend access to financial resources such as savings accounts, credit and insurance services to unbanked sections of our society, and the knowledge and freedom to leverage them to one's benefit. The Budget has already mentioned that the Government considers financial inclusion as an important thrust area and the Prime Minister is expected...
More »Give 2013 law a fair chance -Jairam Ramesh and Muhammed Khan
-The Indian Express For the first time, the interests of farmers, livelihood losers and SC/ST communities have been given high priority. After intensive and extensive consultations lasting for over two years, the UPA 2 government succeeded in getting Parliament to pass a historic new land acquisition law in September 2013. This law completely replaced the colonial Land Acquisition Act, 1894. The new legislation did not fully satisfy everybody but it came to...
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