-The Economic Times NEW DELHI: Farmers protesting in Madhya Pradesh and Maharashtra demand better prices for their produce and loan waivers. But low prices and loans are not the real problems. These are mere symptoms of structural problems which cannot be solved by temporary measures such as a loan waiver. "While such turmoil appears to have immediate causes, their sources are rooted in problems that lie deeper," says Prakash Bakshi, a former...
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Small or marginal farmers: Debt waiver tough call for Punjab -Vibhor Mohan
-The Times of India Chandigarh: Nearly three months after being sworn in, the Congress government in Punjab is still working on farm debt waiver, its key poll plank in the last assembly elections. But even as the government panel hopes to submit an interim report this week, independent experts point out that given the poor financial health of the state and the Centre in no mood to offer a bailout, the...
More »Cabinet clears 5% interest subvention for crop loans
-The Hindu Scheme will continue for one year, be overseen by NABARD Amid growing protests over farm sector distress, the Cabinet has approved the extension of the interest subvention scheme for farmers to 2017-18. Short-term crop loans up to Rs. 3 lakh will receive a subvention of 5%, effectively reducing the rate for farmers to 4%. The government has earmarked a sum of Rs. 20,339 crore for this. The interest subvention scheme will...
More »RTI at a Cost: Activist Nikhil Dey, Four Others Convicted of 'Assault' in 1998 Case -Gaurav Vivek Bhatnagar
-TheWire.in The activists have accused the village sarpanch, who had filed the case, of framing them after they sought to expose his corruption. New Delhi: Well-known rights activist Nikhil Dey and four others were convicted of trespass and simple hurt under sections 323 and 451 of the IPC by a Kishangarh court in Ajmer on Tuesday, June 13. The case, filed 19 years ago on May 16, 1998, pertains to a dispute...
More »South India spends most on higher education
-The Times of India MUMBAI: Education may be priceless, but the promise of a degree has seen parents across India foot large bills. Those from the rural and urban pockets of southern states spend the most, largely sign up at a private university and finance their children's dream of a technical education. On average, higher education accounts for 15.3% of the total household expenditure in rural and 18.4% in urban areas....
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