-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy Unseasonal Rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

-Livemint.com Agriculturists’s woes are not just forms of a crisis, but also indicate the deceleration of the agrarian economy Unseasonal Rain, falling commodity prices, increasing input costs, decreasing size of land holdings, and now the political move to “acquire” all land into the globalizing market. The agony-list that agriculturists can make of their current situation can be even longer for all these are not just forms of a crisis, but also indicate...

-The Hindu The World Bank said on Tuesday that the spike in ‘unmet demand’ for MGNREGA jobs is an indicator of increasing rural distress. Since the scheme is the only and therefore the best bet India has for mitigating the impact on the poor of the recent Unseasonal Rains, the government should take steps aimed at arresting delays in wage payments and the rising unmet demand for jobs. “If you are a...

-Business Standard/ IndiaSpend.org Complex changes in local and global weather patterns will have severe implications for India's 600 million farming community The Unseasonal Rain and erratic weather unsettling the Indian farmer—and the nation’s agriculture, economy and politics—are no aberrations. Extreme rainfall events in central India, the core of the monsoon system, are increasing and moderate rainfall is decreasing —as a part of complex changes in local and world weather—according to a clutch of...

-Livemint.com The challenge of employment may be the next big crisis that the government may have to face Two of the burning issues currently dominating the public discourse are the amendments to the land acquisition bill proposed by the National Democratic Alliance and the ongoing crisis in agriculture. At the centre of all this is the Indian farmer, who, on the one hand, is struggling to save his land from draconian amendments to...