-The Financial Express World Bank's latest data suggests realisation of millenium development goals may not be far off. Reduction of poverty and hence, how it is measured, has long been a contentious political economy issue in India. There is general discomfort every time the headcount ratio of the number of poor, based upon an accepted methodology recommended by an expert committee, declines; this then triggers a process to revisit known issues by...

-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...

-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...

-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...

-The Hindustan Times Suicides by farmers in Telangana and pockets of Maharashtra since the start of a poor monsoon season are threatening to reach alarming levels, as authorities weigh options to handle a long-standing problem. In Telangana, over 100 farmers have committed suicide so far, according to some accounts, which officials were yet to verify. In Maharashtra, 72 suicides have been reported since June. "There have been some suicides. We are ascertaining the...