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Demonetisation and agrarian crisis exposed consequences of financial exclusion: Report

-PTI NEW DELHI: The sudden move to demonetise a bulk of Indian currency in circulation and the deteriorating agrarian distress in the country have exposed the consequences of financial exclusion, said a report released Tuesday. The India Exclusion Report 2017-18, brought out by Centre for Equity Studies (CES), said people's ability to spend, receive wages and survive depended crucially on whether they were part of the banking system or not after 84...

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Are Loan Waivers a Panacea for Rural Distress? -Nilanjan Banik

-Economic and Political Weekly Small and marginal farmers are not the real beneficiaries of loan waivers. In the year following loan waivers, small farmers lose out on three counts: lower access to formal loans, falling agricultural revenue because of higher informal loan costs, and falling agricultural productivity. Instead, supply-side interventions could make a real difference in farmers’ lives as a long-term alternative to loan waivers. Please click here to access the full...

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Not MSP, income support will help farmers: Agri economist Ashok Gulati -TV Jayan

-The Hindu Business Line New Delhi: Providing income security to farmers and boosting investment in agriculture are the two things that are needed to help Indian farmers in distress, said noted agricultural economist Ashok Gulati on Monday. “While there can’t be two opinions about the farmers’ plight in our country, increasing minimum support price (MSP) cannot be the solution. We may have to bring in science and our understanding to solve their...

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Why farms of every type and size have to be climate smart

-Hindustan Times This climate impact on agriculture is a cause for worry: the sector accounts for a large share in gross domestic product (16%) and employment (49%). Poor agricultural performance can lead to high inflation, rural distress, and political restiveness, as recent rural agitations and farmer suicides have shown. An annual review by the Indian Council of Agricultural Research (ICAR), a wing of the agriculture ministry, has said that crops, plantations...

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The spirit of mahua -Diya Kohli

-Livemint.com The production of ‘mahua’ is finally entering the formal economy as new initiatives seek to upscale this indigenous drink, selling it across the country and even the globe It is a cloudy morning in Nangur village in Bastar district, Chattisgarh. It is a settlement of a little over 400 families, considered fairly large in these parts. We make a bumpy journey down a narrow, unpaved road intermittently shaded by sargi (sal)...

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