-The Hindu There are four things that need to be done in the country in the wake of the pandemic crisis When we hear the word migration, we think of Kerala and West Asia, or the United States and the West. However, the number of Indians who have migrated over the past decades to these geographies is minuscule compared to the vastness of the movement within the country. A few years ago,...
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One in every four in rural India unemployed, urban joblessness at 1-month low -Prashant K Nanda
-Livemint.com * Rural unemployment rate has been growing for the last couple of weeks despite rural economy opening up gradually * Economists believe despite the opening up of the economy, it will take time for unemployment situation to come back to the pre-covid time NEW DELHI: India’s rural unemployment rate climbed to 25.09% in the week ended 24 May from 22.79% in the previous week, while urban unemployment rate declined by over four...
More »Can government decide what farmers grow in their fields? -Prabhash K Dutta
-IndiaToday.in Paddy cultivation has been a worry for water conservationists for long worldwide. And, paddy is not the only water-guzzling crop to have come under the scanner. Beyond the frightening cries of coronavirus outbreak and displaced migrants, a section of farmers in Punjab, Haryana and Telangana, to begin with, are debating this: Can government decide which crop they cultivate in their fields? It began with Punjab. The story began during 1970's as a...
More »Centre Opts for Long-Term Agricultural Reforms, Leaving Farmers ‘Atmanirbhar’ in Crisis -Kabir Agarwal
-TheWire.in The government has failed to provide compensation and relief to farmers for the losses suffered during the lockdown, primarily because it lacks the fiscal space. New Delhi: On Friday, finance minister Nirmala Sitharaman held her third press conference in as many days to follow up on Prime Minister Narendra Modi’s promise of a Rs 20 lakh crore financial stimulus package. After focussing on Micro, Small and Medium Enterprises (MSMEs), and migrant...
More »Most small farmers outside formal credit system. Sitharaman’s announcements won’t help them -Shoumitro Chatterjee and Mekhala Krishnamurthy
-ThePrint.in An RBI report says that despite numerous existing initiatives, at most 40 per cent of India’s small and marginal farmers are covered by formal credit. There is no doubt that agricultural credit is a critical element of both agricultural production and marketing across India. However, during a period of acute crisis, the government needs to bank on channels that are relatively robust and far-reaching. Unfortunately, especially when it comes to small...
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