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An agriculture-led revival as flawed claim -R Ramakumar

-The Hindu The crisis in agriculture demands that the government announce a strong fiscal stimulus for the Rural Economy A rather confident statement heard in the midst of India’s COVID-19-induced economic slowdown is this: “Agriculture will lead India’s economic revival”. But how valid is this claim put forward by government spokespersons and some observers? Four major arguments are offered. First, India’s food grain production in 2019-20 was 3.7% higher than in 2018-19. The...

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Farmers are paying more, even under schemes meant for their benefit -Ajay Vir Jakhar

-The Indian Express Each of the poverty alleviation programmes seems to have a recurring theme — being funded by the poor themselves. The rodomontade about heralding a new epoch of prosperity six years ago is gradually evaporating. It appears the PM is in the dark about the delivery of his government’s policies, just as the Congress leadership seems clueless about issues on the ground. Four specific pain points unmask the gap between...

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Big rural credit push from RBI, start-ups put in priority sector -George Mathew

-The Indian Express Loan limits for renewable energy, health infrastructure doubled The Reserve Bank of India (RBI) on Friday brought financing of start-ups under the priority sector lending (PSL) category of the banking sector, proposed more credit flow to districts with lower PSL, and doubled loan limits for renewable energy and health infrastructure “to align it with emerging national priorities and bring sharper focus on inclusive development.” In a bid to address regional...

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Why society owes Asha workers a debt -Dipa Sinha

-Hindustan Times Expanding better opportunities with decent wages for frontline workers could also contribute to the revival of the Rural Economy by putting wages into the hands of many, and take us closer to achieving our health and nutrition goals The unsung heroes of the response to the Covid-19 pandemic have most definitely been the millions of frontline women workers, especially Accredited Social Health Activists (Ashas) who have been working tirelessly at...

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Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers

ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...

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