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India bearing the cost of ignoring rural distress -Himanshu

-Livemint.com In the last three years, wages of agricultural labourers have increased only by 0.5% per year while those of non-agricultural workers have declined by 0.25% per year, the worst so far in 30 years The agrarian economy continues to be plagued by falling output prices, declining incomes and increased variation in agricultural production pointing to a situation of uncertainty and vulnerability among most rural residents. This has created an unprecedented demand...

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Easier credit norms for small and marginal farmers -Zia Haq

-Hindustan Times Government’s decision is aimed to cut dependence of small and marginal farmers on usurious informal private lenders. The government has streamlined lending norms in schemes such as the Kisan Credit Card to boost institutional credit flow to small and marginal farmers who make up over 90% of people engaged in agriculture and, as a class, are highly vulnerable to risks. The aim is to cut their dependence on usurious...

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How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair

-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...

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Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)

-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...

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Telangana doles out agri credit assistance; farmers get Rs. 4,000/acre

-The Hindu Business Line CM demands NREGA cover for farm labour Hyderabad: About 58 lakh farmers in Telangana will get a financial assistance of ?4,000 each for every acre of land they own under a programme launched by the Chief Minister K Chandrasekhara Rao today The State government has allocated ?12,000 crore for the scheme in the Budget for 2018-19. The farmers will get ?4,000 each an acre in the kharif and in...

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