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Modifying MGNREGA can alleviate India's farming crisis -Shreoshee Mukherjee

-Hindustan Times The design of large injections of public funds for India’s agriculture economy needs to be informed with rigorous evaluations on what is effective for higher farm productivity. A wage subsidy for farm-labour is one modification that needs an evaluation, to generate evidence to inform how the MGNREGA policy generates employment when there is need, but without stress to farm production Indian agriculture is witnessing a period of complex socio-economic distress,...

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Loan waiver is not the solution -Anjani Kumar and Seema Bathla

-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...

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The viability crisis in Indian agriculture -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line The dilution of government intervention in the form of minimum support prices, procurement and public distribution is undermining agricultural production in the country Farmer movements and farm loan waivers in different States have driven home the fact that the viability of agriculture is under challenge. This is surprising, since the comprehensive framework for reviving agricultural production, introduced in response to the agricultural crisis in mid-1960s, is in principle...

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The Centre's proposal to build a mega dam in Arunachal Pradesh makes even hydropower companies wary -Arunabh Saikia

-Scroll.in The 10,000-megawatt project on the Siang river would ‘submerge the district headquarters of Upper Siang district’. On September 26, a delegation of the Arunachal Pradesh government led by Chief Minister Pema Khandu attended a presentation in Delhi by the Central government think tank Niti Aayog “on [a] proposed Multipurpose River Valley Project for Siang River”. The Siang is the Brahmaputra’s main tributary that connects to the Yarlung Tsangpo, as the Brahmaputra is...

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Gujarat is offering 0%-interest loans to farmers but its record on long-term support is patchy -Nitin Sethi

-Scroll.in The state’s expenditure on agriculture and irrigation has fallen since 2013-’14. In the run-up to the Gujarat assembly elections, Chief Minister Vijay Rupani on October 16 announced that his government would offer interest free-loans to farmers who borrow up to Rs 3 lakh and pay the amount back on time. Many Opposition politics criticised this as a populist measure, aimed at garnering votes for Rupani’s Bharatiya Janata Party. Reducing the interest...

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