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Half of farm households in debt

-Business Standard Surveys show 40% still get loans from non-institutional sources & at high rates A little over half of India's agricultural households were in debt, with 40 per cent of the dues from non-institutional lenders, during agricultural year 2012-13 (July to June), according to a official survey. This 'Situation assessment survey of agricultural households' showed 51.9 per cent of all agricultural households were indebted, with the average amount of unpaid dues being...

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Wither Away the Pressure on India's Patent Law -Saradindu Bhaduri

-Vikalp Once again, India is under pressure from the US to revise its patent law. Anyone familiar with the activities of the United States Trade Representatives (USTR) would know that this is nothing new. It has been among the USTR's primary mandates to use trade restrictions in order to persuade (to put it mildly) countries to strengthen their IPR laws. There is, however, a qualitative difference between the actions it has...

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Village households’ average assets in India at Rs 10 lakh

-PTI   Households in rural areas hold assets worth over Rs 10 lakh on average, less than half the holdings by those in cities, says a government survey. At the same time, villages account for higher proportion of families owning some physical and financial assets at 98 per cent, higher than 94 per cent in urban areas. "Around 98 per cent of rural households and around 94 per cent of urban households in India...

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Rise in global inequality

-The Hindu The findings from the latest International Labour Organisation report on real wages point to a mix of proactive initiatives and policy paralysis in different contexts. The study notes that continuing deceleration in the growth of global real wages and discriminatory pay gaps based on gender and nationality could sharpen household income inequalities. A most striking finding is that labour productivity growth outstripped increases in real wage between 1999 and...

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No consensus over fundings, Swachh Bharat fails to go beyond photo-ops -Moushumi Das Gupta

-The Hindustan Times The urban leg of Swachh Bharat Mission could be going to the cleaners as the Centre and the states have yet to clean up their act on the funding pattern to sustain the Rs. 62,009 crore programme. The mission launched by Prime Minister Narendra Modi more than two months ago to encourage cleanliness in cities and to build loos to discourage defecation in the open in urban India is...

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