-The Economic Times Despite substantial increase in agriculture production and productivity levels over the years, farmers’ indebtedness has not changed significantly. According to the National Bank for Agriculture and Rural Development (Nabard) All India Rural Financial Inclusion Survey (Nafis) 2016-17, 52.5% of agricultural households were indebted. Considerable efforts have been taken in channelising institutional credit to farmers and raising farm credit disbursement targets, with allocations increasing by Rs 1 lakh crore in...
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A spike in inter-state migration in India could be driving a new wave of nativist politics -Shoaib Daniyal
-Scroll.in For the first time, a Hindi state – Madhya Pradesh – has complained about migrants taking away jobs. Hours after taking oath as the new chief minister of Madhya Pradesh on December 18, Kamal Nath declared that outsiders were grabbing jobs meant for locals. “People from states like Bihar and Uttar Pradesh come here and local people don’t get jobs,” he said. His government went on to issue an executive order...
More »'62% of SEZs are operational and have created 20 lakh jobs' -Radheshyam Jadhav
-The Hindu Business Line TN, Kerala, M.P. ranked on top, according to data The Ministry of Commerce and Industry data show that 230 out of the 373 Special Economic Zones (SEZs) in India are operational and have provided employment to as many as 20 lakh people. In Chhattisgarh, Odisha, Punjab and Chandigarh all approved SEZs are operational while among four States which have more than 50 approved SEZs, Tamil Nadu tops the chart...
More »Under-reporting manual scavengers: Asked to verify, states turn 55,000 to 25,000 -Shalini Nair
-The Indian Express In the recent exercise, state governments, tasked with verifying 54,929 manual scavengers identified across 170 select districts in stage one of the counting process, have confirmed involvement of only 25,015 people in the job in the final verification stage. New Delhi: State governments have denied the existence of more than half the number of people identified as being involved in manual scavenging in the course of a Central...
More »Clear bank dues when loans are waived: NABARD to states -Sidhartha
-The Times of India NEW DELHI: Amid a flurry of farm loan waivers, financial institution Nabard has written to states advising them to ensure that dues of banks that actually write-off the loan are immediately cleared to ensure that the credit cycle is not broken. The move follows the experience of several lenders in Andhra Pradesh and Tamil Nadu, where the dues have remained pending although they had written off the loans...
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