-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...
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Reforms through Ordinance Raj: Acquiring land made easy
-The Indian Express In a bid to ease the process of acquiring land, the Union Cabinet on Monday recommended the promulgation of an ordinance to amend the Land Acquisiton Act, 2013, by including five new categories of projects that would not require prior consent from affected families as well as Social Impact Assessment (SIA). These include projects related to defence, rural infrastructure and industrial corridors. The sensitive provisions relating to compensation, relief...
More »22% of households in cities, 31% in villages are in debt -Subodh Varma
-The Times of india Nearly a third of rural households and a quarter of urban ones are indebted according to a survey report released this week. This is understandable with the spread of credit facilities. But the scale of indebtedness revealed is astonishing: between 2002 and 2012, the average amount owed by each family has jumped seven times in cities and more than four times in rural areas. About 22% of urban...
More »Village households’ average assets in India at Rs 10 lakh
-PTI Households in rural areas hold assets worth over Rs 10 lakh on average, less than half the holdings by those in cities, says a government survey. At the same time, villages account for higher proportion of families owning some physical and financial assets at 98 per cent, higher than 94 per cent in urban areas. "Around 98 per cent of rural households and around 94 per cent of urban households in India...
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...
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