-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
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Small and marginal farmers in distress -R Ramakumar and Aparajita Bakshi
-The Hans India It is official now. New data released by the National Sample Survey Organisation (NSSO) for 2013 show that the agrarian distress in rural India is continuing, and even intensifying for small and marginal farmers. In the last decade, there has been much talk on inclusive growth, revival of growth rates in agriculture, higher public investment in agriculture and the doubling of agricultural credit. Yet, the new data show...
More »Karnataka's Smart, New Solar Pump Policy for Irrigation -Tushaar Shah, Shilp Verma, and Neha Durga
-Economic and Political Weekly The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...
More »Women wary of anti-poverty schemes -Deepti KC
-The Hindu Business Line They drop out on account of cultural taboos and lack of follow up efforts by implementing agencies Despite opportunities and systematic community-driven handholding support from the Government and non-government bodies, women might still choose not to participate in the economic development process. Under the purview of the National Rural Livelihoods Mission, the world's largest poverty alleviation initiative, the Government and NGOs are targeting women from the poorest households...
More »Costs of ignoring hunger -S Mahendra Dev
-The Hindu Ignoring hunger and malnutrition will have significant costs to any country's development. Nutrition improvement has both intrinsic and instrumental value One of the disappointments in the post-reform period in India has been the slow progress in the reduction of malnutrition, especially with reference to the underweight among children. In fact, the rate of change in the percentage of underweight children has been negligible in the period 1998-99 to 2005-06; the...
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