-The Hindu Election jolt makes party look at ways to boost rural income; BJP chief commissions survey The defeat in the Assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh has made the government go back to the drawing board over the issue of Rural distress, and some measures to bolster incomes in the countryside may be announced by the end of the winter session of Parliament. While the problems plaguing the agriculture sector...
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Open season for farm loan waivers
-The Telegraph In the long term, the only real solution to Rural distress is to shift labour to more productive segments of the economy It has turned into an open season for farm loan waivers. Less than a week after assuming office, Congress governments in Rajasthan, Madhya Pradesh and Chhattisgarh have announced the waiver of crop loans up to two lakh rupees per farmer. The Congress president, Rahul Gandhi, has thrown down...
More »How The Modi Government is Killing Off MGNREGS -Subodh Varma
-Newsclick.in Funding is not keeping pace with demand, and delays or vanished dues are discouraging job seekers in these times of extreme Rural distress. Here is a little known but chilling fact about the rural job guarantee scheme, MGNREGS: between April and mid-December this year, about 1.28 crore people who demanded jobs were turned back. This refusal to give work has been happening every year but it has increased after the Modi...
More »Core inflation flourishes in Rural India amid growing agrarian crisis -Aparna Iyer
-Livemint.com Inflation for services and a few discretionary items has been higher in rural areas compared to urban centres When income is stagnant, a logical outcome could be curtailing expenditure. But rural India seems to be fine with paying higher prices for services that range from education to matinee shows. The chart above shows inflation for services and a few discretionary items has been higher in rural areas compared to urban centres. It...
More »Without Rise in Farm Income, Congress' Loan Waivers Won't End Rural distress -Kabir Agarwal
-TheWire.in Implementing the loan waiver in Chhattisgarh, MP and Rajasthan will not be easy. It will cost Rs 80,000 crore and might need the states to double the spending on agriculture. New Delhi: On Monday, the newly appointed chief minister of Madhya Pradesh, Kamal Nath, proudly announced that his first executive decision was to waive farm loans in the state. While campaigning for the assembly elections, the Congress party had promised that if...
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