-Down to Earth Participants voice concern on drought, farmers' suicide and water conservation, among other issues The three-day long Kisan Swaraj Sammelan held in Hyderabad (April 1 to 3) urged for the enactment of a Farmers’ Income Guarantee Act to ensure dignified earning levels for agricultural households among a host of other things. Organised by the Alliance for Sustainable and Holistic Agriculture, a group comprising 400 diverse organisations from across India, the...
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Last-mile connectivity a bane for Jan Dhan scheme -Nitin Sethi & Ishan Bakshi
-Business Standard Only 47 per cent of the people with PMJDY accounts have received their RuPay debit cards, while these have been issued to 85 per cent of the beneficiaries Last-mile connectivity pangs have hobbled the Pradhan Mantri Jan Dhan Yojna (PMJDY) in several ways, according to a study by MicroSave for the finance ministry. The scheme has helped improve financial inclusion. But insufficient income for banking correspondents (BCs) and a deficiency in...
More »Punjab opens its heart - and purse - to farmers -Sanjeeb Mukherjee & Archis Mohan
-Business Standard Instead of addressing systemic problems in agriculture, farm politics in the state is about how much money the government can offer the farmer as a dole The Shiromani Akali Dal (SAD), led by Parkash Singh Badal and son Sukhbir, was in a dilemma a year before the 2012 Assembly elections in Punjab. The Akalis had ruled Punjab since 2007 but no party had ever returned to power for a second...
More »Rooftop solar has a bright future -Amit Kumar
-The Hindu Business Line India’s ambitious targets can be met without compromising the financials of discoms, as is feared India’s goal of having 100 GW of solar power by 2022 has already generated a lot of Interest, and scepticism. But it’s even more far-reaching part pertains to the fact that 40 GW out of this is going to be based on distributed energy generation, namely solar rooftop systems. These solar rooftop systems could...
More »Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to Interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the Interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
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