-TheWire.in In the caste and class-unequal region, where a cashless economy is a distant dream, there is some doubtful support for demonetisation, but mostly concrete hostility. Jhansi: Almost a month after Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs 1000 notes, the socio-economic fabric of Bundelkhand – one of the poorest regions in central India comprising parts of Uttar Pradesh and Madhya Pradesh – is slowly crumbling. The...
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Rural distress -TK Rajalakshmi
-Frontline.in To rural India, which is already reeling under multiple crises, demonetisation has come as yet another blow. WHEN the Prime Minister made the decision to withdraw Rs.500 and Rs.1,000 notes, he did not quite factor in the impact it would have on agriculture. Despite the rhetoric the concept of digital wallets has not yet entered rural India unlike in much of the country’s urban areas, and much of rural and...
More »It Will Take More than a Loan Waiver for Punjab's Farmers to Stop Killing Themselves -Devinder Sharma
-TheWire.in Congress and AAP aim to write off farm loans if they come to power in Punjab. But such measures will only be useful only if accompanied by policy reforms like a sustainable farming system and assured monthly income for farmers. Nirmal Singh, the leader of the Bhartiya Kisan Union (Ekta) from Sangrur district in Punjab, committed suicide last week. He was among the few farmer leaders who campaigned against the emerging...
More »Missing stock is harming our food security
-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
More »Karnataka to declare drought? -Sharan Poovanna and Nidheesh MK
-Livemint.com At least 150 villages in Karnataka have already qualified as drought affected, with more being added as rainfall continues to be deficient, according to a Cabinet minister Bengaluru: The Karnataka government could well be on its way to declare the state as drought-affected after nearly two months of dry spell, according to two people familiar with the move. At least 150 villages in the state have already qualified as drought affected,...
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