-The Hindu Business Line Farmers have been borrowing from banks to repay lenders and reversing the cycle Ahmedabad: In the Saurashtra region of Gujarat, a saying goes: “A farmer is always indebted. He is born in debt and dies with a debt. What matters is how he manages this debt in his life.” There is a skew in Gujarat’s water resource distribution. Saurashtra covers 31 per cent of the State’s landmass but gets...
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Jean Dreze, development economist, interviewed by Down to Earth
-Down to Earth Jean Dreze on why he prefers a solidarity society, rather than a welfare state * Are you actually an advocate of the welfare state? Ideally, I would prefer to think in terms of a solidarity society rather than welfare state, for two reasons. First, private non-profit institutions can play a very useful role in the social sector. In many countries, some of the best schools and health centres are run...
More »India faces 'food security' hurdle in WTO -Amiti Sen
-The Hindu Business Line Members such as Canada, EU, US want stiffer safeguards for public stock holding India’s demand for a permanent solution on public stockholding subsidies at the World Trade Organization (WTO) is being challenged by several members, including Canada, the EU and the US, which are insisting on stiffer safeguards, restricted product coverage and a linkage with pruning of overall domestic support. “As the deadline for coming up with a permanent...
More »MMTC to import 2,000 tonnes of onions to ease supplies, prices
-The Hindu Business Line Price double in key wholesale markets; Consumer Affairs Ministry suggests floor price for exports New Delhi/Mumbai: To check spiralling prices of onions and ease supplies, the Centre has decided to import 2,000 tonnes of onions through the State-owned MMTC while two other agencies, Nafed and SFAC, will source 12,000 tonnes locally, Food and Consumer Affairs Minister Ram Vilas Paswan has said. A floor price of $700 per tonne on...
More »Money is getting diverted away from small farmers: TISS Agro Economist -NS Vageesh
-The Hindu Business Line Mumbai: The flow of agricultural credit may have increased from ?96,000 crore in 2004 to ?10 lakh crore now; about 18,000 new rural branches have been set up and yet there is an agrarian crisis because of definitional dilusions as well as diversion of funds from the needy small farmers, Professor Ramakumaar, Agro Economist, Tata Insitute of Social Sciences (TISS), said on Monday. He was speaking at...
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