About a year since the hailstorm and subsequent high-vaulted promise of compensation by the state government, hundreds of farmers continue to wait for the succour. The storm wiped out their hope of paying off private and government-sector debt and keeping the kitchen running. The wheat was ready for harvest in 23 villages of Moga district when rain took a toll on it. The revenue department assessed the loss but there's no...
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Small farmers still excluded from formal financial channels
-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
More »Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta
Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...
More »Turning off the tap on water as a human right by Shiney Varghese
The new draft National Water Policy (NWP) circulated by the Ministry of Water Resources to water experts suggests that the government is poised to withdraw from its responsibilities of water service delivery, and that multinational corporations and financial institutions might have too big a say in water allocation and policy. At first glance, it appears as if the policy takes a holistic approach to water resources management, with a clear recognition...
More »No BPL or APL for sanitation scheme: Ramesh by K Balchand
The Centre plans to remove the distinction between below poverty line (BPL) and above poverty line (APL) and bring all the needy under the Total Sanitation Scheme (TSC). It would be renamed as Nirmal Bharat Abhiyan to send home the message that its implementation would be a people's movement rather than a bureaucratic programme. The new scheme will be part of the structural changes to be introduced from April. Union Minister...
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