-Mongabay.com * Indian government enacted the Forest Rights Act in 2006 to correct the historic injustice done to tribal people and forest dwellers but the implementation of the landmark legislation has been far from satisfactory. * A recent study reveals a large variation in the outcomes of claims submitted under the FRA Act across states. It found that states with more forest cover have higher claim distribution rates, while states with presence...
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Fields of ferment -Ashok Gulati
-The Indian Express Why assembly election verdicts should occasion a rethink on loan waivers, MSP raises The results of the elections to state assemblies should be a humbling experience for the BJP. Political pundits have started analysing the verdict, since the reasons for the BJP’s defeat have important implications for the parliamentary election of 2019. One factor that is being flagged by analysts is farm distress. Farmers across the country are not...
More »Why small, marginal farmers get just 40% of total agri credit -Rajalakshmi Nirmal
-The Hindu Business Line Loan waivers have made banks wary of them; beneficiaries are farm infra/services firms Every year the Centre announces an increase in the agri credit limit, but not even half of this reaches small farmers. Small farmers typically take small loans — of less than Rs. 2 lakh. RBI data show that in FY17, the share of loans of Rs. 2 lakh or less was just 40 per cent of...
More »Quick fix for the farmer -Tirtha Chatterjee & Ashok Gulati
-The Indian Express In the absence of patience and vision, the loan waiver remains the most favoured response to farm distress Thousands of farmers from different parts of India marched to Delhi on November 29-30 to register their protest against the Narendra Modi government’s perceived apathy and neglect of farmers’ demands. They were basically demanding three things: One, debate in Parliament to discuss farm distress; two, one-time loan waiver; and three,...
More »Is the government weaponising economic data?
-The Telegraph After debunking faith in numbers, assertions by powerful and charismatic leaders can be projected as the truth The comment on the weaponisation of economics by the former chief economic adviser, Arvind Subramanian, is a telling indictment of the way political interests trump such other considerations as veracity and transparency. The latest round of revisions in the rate of growth of gross domestic product is a perfect example of the use...
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