-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...

-IPS News NAGAPATNAM, India - Standing amidst his lush green paddy fields in Nagapatnam, a coastal district in the southern Indian state of Tamil Nadu, a farmer named Ramajayam remembers how a single wave changed his entire life. The simple farmer was one of thousands whose agricultural lands were destroyed by the 2004 Asian tsunami, as massive volumes of saltwater and metre-high piles of sea slush inundated these fertile fields in the...

-The Hindu For the land-acquirer, the land act ordinance tries to lessen the indirect price of acquisition and transaction by diluting requirements for social impact assessments and referenda. For the land-loser, it not only retains all forms of compensation and rehabilitation, but also grows the number of those eligible for lucrative pay-offs The government of India continues to search for the right way to do land acquisition. Last week, the Union Finance...

-The Indian Express The first nine months of the new BJP government has only underscored its anti-poor, anti-rural image. The substantive and substantial changes in rural development have been restrictive in nature. The new government has worked to undermine the legal and financial framework of MGNREGA, substantially weakened the provisions of the land acquisition act through an ordinance and, through year-end budget cuts, they have undermined almost every social sector programme, reportedly...

-The Telegraph Calcutta: Private companies will be able to buy farm produce directly from farmers in Bengal. But the widely-anticipated whoop of exultation from Indian industry over the amendment in the state's agri-marketing act was somewhat muted because of the lack of clarity on the issue of contract farming and the absence of clear guidelines on whether the state government would provide incentives and help in the acquisition of land for private...