-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
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PM Fasal Bima Yojana not reaching farmers who really need it -Rajalakshmi Nirmal
-The Hindu Business Line Non-loanee farmers availing insurance may be far fewer than data claim Last January, Prime Minister Narendra Modi introduced a new crop insurance scheme with the aim of BRInging 50 per cent of the country’s farmers under insurance cover in three years. Data shows that in kharif 2016 — the first season after the scheme’s launch — crop insurance coverage had risen. However, despite the Centre’s claims, this growth is...
More »Demonetisation effect: Govt, RBI to BRIng tougher norms for co-op banks -Mahua Venkatesh
-Hindustan Times The government and Reserve Bank of India (RBI) are set to BRIng out tougher norms for cooperative banks, which have come under scanner for alleged discrepancies and irregularities in the wake of the demonetisation drive. According to a recent report by the income tax department, most banks have indulged in money laundering after the Narendra Modi government announced ban on high-value bank notes of Rs 500 and Rs 1,000 from...
More »How Demonetisation Has Accelerated Tamil Nadu's Deepening Agrarian Crisis -R Ramasubramanian
-TheWire.in Out of the 144 recorded farmer suicides, over 40 were from outside the Cauvery delta region. Observers and farmers directly attribute demonetisation as one major factor behind the suicides. Tamil Nadu is facing one of its worst agrarian crises since independence. All of the state’s 32 districts have been officially declared as ‘drought-affected’. In a statement issued on January 10, chief minister O. Panneerselvam announced that the move was necessitated following...
More »In villages where it flows, SYL canal matters less than jobs -Jagdeep Singh Deep
-The Indian Express The Congress for its part has claimed that it was the one that “saved” Punjab’s water as it had cancelled the SYL agreement with Haryana during its 2002-2007 term in office, when Amarinder Singh was chief minister. Kapoori (Patiala): When Harinder Harry discusss the elections in Punjab, he talks about unemployment, drugs and several other issues, but makes no mention of the one thing that his village is famous...
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