-Livemint.com Tackle deficiencies of capital mobilization, access to state provisions and women’s participation to boost FPCs across India. In 2017, the Indian government reaffirmed its commitment to reduce rural distress among nearly 93 million farming households through efforts to double farmers’ income. What has been remarkable is the emergence of farmer producer companies (FPCs) as a viable way of supporting this approach. The last two years have been tumultuous. Pro-market legislation introduced in...
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Why Punjab farmers who bet big on moong this summer reaped a harvest of discontent -Nikhil Rampal
-ThePrint.in MSP for moong became ceiling price as private traders were unwilling to offer more, claim growers. Another factor was low procurement of produce at MSP by Punjab government. Jagraon/Ludhiana: Encouraged by the Aam Aadmi Party (AAP) government’s promise to procure pulses at Minimum Support Price (MSP), the area under moong cultivation in Punjab nearly doubled this summer as farmers eyed extra income. The commitment, which coincided with an early harvest of wheat...
More »The crisis of apple farmers -Tikender Singh Panwar
-The Hindu The increasing cost of production and the increase in GST on cartons has triggered protests in Himachal Pradesh Apple growers in Himachal Pradesh are out on the streets some three decades after their last big agitation. The protests are not surprising; their anger has been simmering for a while. To understand the present crisis, it is crucial to understand the developments of the last few decades. In the 1970s and 1980s,...
More »One agricultural labourer died by suicide every two hours in 2021
-Down to Earth 29% increase in suicides by farm labourers from 2019 The National Crime Record Bureau has released an alarming statistic. An agricultural labourer died by suicide every two hours and a total 1,64,033 people died of suicide in India in 2021. The number amounts to 5,563 suicides by farm labourers, which is a 9 per cent increase from 2020 and a 29 per cent increase from 2019. The highest numbers were recorded...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
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