-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...
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Protecting the small farmer -Ananth Gudipati
-The Hindu Reviving the Farm Income Insurance Scheme could be the best tool for small and marginal farmers to fight falling prices in an increasingly globalised marketplace. Data from the recently held National Sample Survey Organisation (NSSO) survey show that close to 60 per cent of rural households are dependent on agriculture for their livelihood. More than half of them are at risk of defaulting on their debts with either banks or...
More »How to get ourselves a better land law -Sanjoy Chakravorty
-The Hindu Business Line The Congress law and the BJP's amended version both fail to address the lack of transparency in property deals A toxic mix of hypocrisy, amnesia, opportunism, ignorance, and paternalism has led to a mess on the land acquisition legislation. It seems certain that whatever law we end up with is going to be bad law. It will not serve the primary purpose of any eminent domain law -...
More »In true colours -Sudhir Kumar Panwar
-Frontline The BJP-led NDA government has, in the two Budgets it has presented so far, revealed itself to be very different from the pro-farmer image that its leading election campaigner and now Prime Minister, Narendra Modi, projected. THE Bharatiya Janata Party's manifesto for the 2014 Lok Sabha election states: "Agriculture is the engine of India's economic growth and the largest employer, and BJP commits highest priority to agriculture growth, increases in...
More »Land Acquisition Bill: Missing the big, bleak picture -Sanjay Kumar & Pranav Gupta
-The Hindu With the Land Acquisition Bill in the limelight, nobody is talking about the real reforms that farmers need. A major survey finds that almost half the respondents don't want to continue with agriculture. The unseasonal rains over the last few weeks have resulted in enormous loss of crop output across many States of North India. This has shifted attention from the issue of land acquisition to other important problems faced...
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