-The Hindu Slowdown has widened across sectors; the new government must hit the ground running A welter of data collectively and individually point to one worrying conclusion: economic momentum across sectors is slowing in the widening absence of that key ingredient, demand. Domestic sales of cars, commercial vehicles and two wheelers all contracted in April, from a year earlier, the Society of Indian Automobile Manufacturers (SIAM) has reported. The decline of almost...
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Are farm loan waivers a political gimmick? -Vikas Dhoot
-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...
More »How a RURAL DISTRESS helpline in Telangana is preventing farmer suicides -Priyanka Richi
-TheNewsMinute.com Set up in 2017, Kisan Mitra provides counselling to distressed farmers and acts as a bridge between them and the government. “It was during the 2018 floods that we got a call from a farmer in Adilabad. The caller didn’t need any help for himself but said that his neighbour has been sitting in a corner of his field since morning with a bottle of pesticide in his hand. The...
More »'PM KISAN scheme to benefit just 38% farmers till polls conclude' -Saurabh Katkurwar
-IANS New Delhi: The ambitious PM-KISAN scheme that aims to provide Rs 6,000 annually to small and marginal farmers will reach only 38 per cent of the intended beneficiaries by the end of ongoing Lok sabha polls, thanks to tardy furnishing of information by the states, lack of digitised land records and the election Model Code of Conduct being in force, according to government officials involved in its implementation. The scheme, announced...
More »MGNREGA: Drought-hit India abandoned 18 lakh water works in just one year -Richard Mahapatra & Raju Sajwan
-Down to Earth India's villages miss a golden chance to become drought-proof as more MGNREGA projects grind to a halt Almost half of India is currently under drought; for many districts this is the second-consecutive drought. Given this, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) should have been the key scheme to not only mitigate impacts of drought but also employ people in distress for earning. But an analysis of...
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