-The Economic Times The group is also in favour of revising the sub-target for small and marginal farmers to 10% from the existing 8% of adjusted net bank credit with a roadmap of two years. KOLKATA: A Reserve Bank of India working group on agricultural credit has questioned the efficacy of populist measures such as debt waiver and interest subsidy on crop loans, while suggesting a slew of structural changes to boost...
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Will Punjab and Haryana HC's recommendations reduce farmers' burden? -Rajeev Khanna
-Down to Earth The court’s suggestions, like making MSP a legal right and increasing it to thrice the cost of production, are practical but need effort in implementation, say experts The Punjab and Haryana high court recently recommended that minimum support price (MSP) be made farmers’ legal right and it be set at three times the cost of production. But will these or a slew of other measures the court suggested address...
More »Every number in Budget is authentic, says Sitharaman amid row over disparity in GDP figures
-The Indian Express The Economic Survey, released by Chief Economic Advisor S Krishnamurathy a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the budget projected it at 11 per cent. New Delhi: Finance Minister Nirmala Sitharaman Wednesday dismissed speculations surrounding the GDP figures quoted in the Union Budget, saying “every number is authentic”. Replying to the debate on her maiden Union Budget in the Lok...
More »Battle for Maharashtra: Bread and butter at the heart of the political discourse in Vidarbha -CL Manoj
-The Economic Times Vidarbha has over 20% of the state’s population and is the land of perennial agrarian crisis and farmers’ suicides. Ten Lok Sabha seats are up for grabs in Vidarbha. In 2014, the BJP-Shiv Sena combine delivered a body blow to this Congress base (with NCP fighting separately then) by sweeping all the 10 seats. The BJP won 44 of the 62 assembly segments of the region without an alliance...
More »Eye-opening study on Punjab's rural women labourers poses many questions in poll season -Rajeev Khanna
-Down to Earth High debts, sexual exploitation, gender disparity, caste discrimination and exclusion from the political process continue to bedevil these mostly Dalit women An eye-opening study released on March 19, 2019, on the plight of rural women labourers in Punjab, has brought to centre-stage, the issue of the failure of India’s political system to deliver after more than 72 years of independence. The document points at the marginalisation of these women, overwhelmingly...
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