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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...

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Unseasonal Rains Lash Farmers' Spirits in Maharashtra -Tejas Mehta

-NDTV Yavatmal, Maharashtra: Another fresh spell of heavy unseasonal rains lashed large parts of Maharashtra on Sunday evening, again hitting the spirit of already-beleaguered farmers. Many districts in Vidarbha, Marathawada and western Maharashtra were hit by strong showers and hailstorms accompanied by gusty winds, damaging the standing rabi crop. Wheat, soya bean, jowar and fruits like watermelon and grapes were all set to be harvested. But the fresh showers have further damaged...

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Unused priority sector lending funds to be diverted to MUDRA Bank -Surabhi

-The Indian Express Unused priority sector lending funds of commercial banks will be used to set up the Rs 20,000 crore corpus of the proposed MUDRA Bank. The bank will use at least 65 per cent of its funds for lending to micro enterprises run by members of scheduled castes and tribes. Typically, domestic commercial banks deposit their lending shortfall from priority sector to the Rural Infrastructure Development Fund of the NABARD...

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Putting the ‘universal’ in healthcare -Lant Pritchett & Gulzar Natarajan

-The Indian Express Universal health coverage (UHC) is at the heart of the government's healthcare agenda. The 12th Five Year Plan targets a long-term goal of UHC where "each individual would have assured access to a defined essential range of medicines and treatment at an affordable price, which would be entirely free for a large percentage of the population". But this year's reduced budgetary allocation raises troublesome questions about its ability...

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Study blames MGNREGA for farm labour shortage -Tomojit Basu

-PTI The scheme can have a negative impact on prices, productivity: FICCI-KPMG New Delhi: After the Prime Minister's referred to MGNREGA as a "monument to the failure of the UPA regime", comes a report blaming it for creating shortage of farm labour. A Federation of Indian Chambers of Commerce and Industry (FICCI)-KMPG report titled ‘Labour in Indian Agriculture: A Growing Challenge', released here on Wednesday, says schemes, such as the Mahatma Gandhi National...

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