-The Indian Express Mumbai: Aadhaar the basis of several fresh proposals, including introducing Aadhaar-based biometric systems in all Central government offices. Despite the decisive push given to it by the NDA government since it came to power and by Prime Minister Narendra Modi himself, the ambitious Aadhaar project is far from meeting its target of universal coverage by June this year, also impacting the Direct Benefits Transfer Scheme that is based...
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Nabard Can Help Weather Rural Financial Distress -Charan Singh
-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...
More »The farmer’s ‘mann ki baat’ -Vidya Venkat
-The Hindu Amidst the din over the land acquisition bill in Parliament, the farmer’s voice was missing. Everybody has an opinion on farmers these days. Be it politicians, policymakers, editors or economists. In fact, ever since the Parliament reconvened for the Budget session on April 20, the deteriorating condition of farmers has clearly dominated discussions. But even as the issue of agrarian crisis, farmer suicides (especially after Gajendra Singh’s suicide in a...
More »If it doesn’t rain -Shweta Saini & Ashok Gulati
-The Indian Express We need a contingency plan that combines real-time technology with robust insurance and easy credit. On April 22, 2015 the Indian Met Department (IMD) released its first forecast for the upcoming monsoon rains, saying it is likely to be below normal, at 93 per cent of the long period average (LPA). Only a week before that, on April 15, a private forecaster, Skymet, had predicted normal rains (102...
More »Too early to say deficit monsoon to hit rural lending -Abhijit Lele
-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...
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