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Poverty in all its faces -C Rangarajan & S Mahendra Dev

-The Indian Express Growth can alleviate poverty but its definition needs to expand to make any tangible difference on the ground. Amidst the din caused by the story of rising billionaires, the message on India’s poverty decline in the recent report of the Oxford Poverty and Human Development Initiative has been lost. UNDP and Oxford University released the report on Global Multidimensional Poverty Index (MPI) 2018. This report covers 105 countries. The...

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PM-AASHA scheme falls flat; procurement backed by smart exports is need of the hour -Sanjay Kaul

-The Hindu Business Line A month into kharif arrivals, there has been no positive turn of events for farmers. Cereals, pulses and oilseeds are selling well below the Minimum Support Price (MSP) in mandis. The government seems to have failed them with the shoddily designed PM-AASHA scheme and its inadequate implementation till now. Immediate steps are required to prevent a recurrence of farmers’ anger spilling onto the streets. The umbrella policy Pradhan...

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How to save Kisan Credit Cards from becoming an easy tool for money laundering -Sanganagouda Dhawalgi

-Financial Express Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Rajan’s caution be that as it may, one thing is certain that today KCC has become a tool in the hands of several...

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In Poll-Bound Madhya Pradesh, Farmers' Anger Grows Despite A Good Harvest -Lola Nayar

-Outlook India In the fertile farmlands of Mandsaur, political allegiance still grows tall. As does farmers’ discontent and anger. Tractor-trolleys laden with sacks of mostly soybean form a serpentine queue outside the foodgrain mandi in Mandsaur. Farmers make their way inside in ones and twos, unpack the bags and unload their produce among  growing mounds of soybean in the wide mandi yard. A reasonably good monsoon has ensured a bountiful harvest for...

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Subsidies may be a hidden culprit in India's farm crisis -Zia Haq

-Hindustan Times Every Rs 10 lakh invested in farm research pulled 328 people out of poverty; 26 people were helped by the same amount spent on subsidies. New Delhi: Are Indian farmers paying a price for sweeping agricultural input subsidies they enjoyed for decades and which they have taken for granted, from virtually free power to extremely low-priced fertilisers? Data from a landmark new research seem to suggest so. The research, by economist...

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