-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...
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An attempt to understand and contextualise farmer suicides -MS Sriram
-Livemint.com Some perspectives on the issue seem to paper over the problem and get into comparisons There is much discourse on both the issue of agrarian distress and farmer suicides. However, there have been some arguments that seem to paper over the problem and get into comparisons—that the people who committed suicide just happened to be farmers; that they were not poor; that (as argued by Shamika Ravi of Brookings India) the...
More »A double-edge sword for farmers -- Loan waivers shrink credit supply to the farm sector -Kushankur Dey
-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...
More »Kerala's alternative to farm loan waivers has lessons for India -Nidheesh MK
-Livemint.com Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It...
More »The safety net of the future -Pranab Bardhan
-The Indian Express Insecurity, more than poverty or indebtedness, is the key economic issue that politicians must address If social inequality is the most acutely felt social problem in India, insecurity, more than poverty, is the most acutely felt economic problem. While most MEAsures suggest that only around one-fifth of the population today is under the official poverty line, large sections of those even much above that line are subject to...
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