-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...
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Chained to debt in life and death -A Narayanamoorthy and P Alli
-The Hindu Business Line The only way this story of the Indian farmer will change is if policymakers ensure better remuneration for them The peasant (in India) is born in debt, lives in debt, dies in debt and bequeaths debt. This is what Sir Malcolm Darling, a famous British researcher and writer, wrote in 1925 after studying the condition of undivided Punjab’s peasants. Had Darling been alive today he would have rephrased his...
More »Success story in drought-hit MP -Jupinderjit Singh
-The Tribune Punjabi farmer grows coriander and reaps handsome profit Chandigarh: Alambir Singh Randhawa (62), a resident of Chandigarh and owner of 160 acres in Sagar district of the drought-hit Madhya Pradesh, had never seen the Betwa river in the region bone dry. The river-fed irrigation system of the state had failed. With no proper rain since August 2015, he along with other farmers was staring at another season of loss but playing...
More »Poor back-to-back monsoons, coupled with depleting reservoirs and a heatwave have hit rural India hard -Sutanuka Ghosal, PK Krishnakumar, Madhvi Sally & Jayashree Bhosale
-The Economic Times PUNE | NEW DELHI | KOCHI | KOLKATA: Farmers in Kasegaon, a village in south Maharashtra, have been spending Rs 20 crore every month to make sure their grape orchards get enough water — without irrigation, the crop would shrivel up and die. But they're luckier than some of their counterparts elsewhere in the country — at least there's water to be had, albeit at a stiff price. Two...
More »Health cover: Too little, too scarce -Samarth Bansal
-The Hindu 80% not covered by any insurance, dependent on private sector for treatment. Over 80 per cent of India’s population is not covered under any health insurance scheme, says the latest National Sample Survey (NSS) released on Monday. The data reveals that despite seven years of the Centre-run Rashtriya Swasthya Bima Yojana (RSBY), only 12 per cent of the urban and 13 per cent of the rural population had access to...
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