-The Times of India BELAGAVI: At a time when the state is witnessing a spate of farmers' suicides owing to mounting debts and crop failure, a group of 12 landless farmers in Geddalabavihatti village in Belagavi taluk are writing a success story with hard work and a never-say-die attitude. When they decided to take up farming on about 45 acres of barren land owned by the state government about four years ago,...
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Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
More »NREGA improving the lives of poor, says study
Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...
More »Farmers from across India converge on the capital to demand fair prices, scrapping of land bill -Debobrat Ghose
-Firstpost.com New Delhi: A large section of farmers and agricultural Labourers from various states across the country didn’t want to lose the opportunity of the ongoing monsoon session of the Parliament, to make their voices heard to the lawmakers of this nation. Amid sloganeering —“Ladenge, Jeetenge… Jai Kisan, Jai Kisan” (We’ll fight, we’ll win… Hail farmers!) — at Jantar Mantar in New Delhi on Monday, hundreds of farmers and leaders of various...
More »Forget Inflation Targeting -Prem Shankar Jha
-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
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