-Hindustan Times If Indian cities have become successful in turning away migrants, we should see that as the first sign of their demise, not their dynamism. “Stop migration into cities.” These were the words of finance minister Nirmala Sitharaman during last week’s budget speech, even as she — confusingly — called urbanization an “opportunity rather than a challenge.” A call to stop rural-urban migration should alarm, but not surprise us. The FM’s statement...
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No Out Of Court Settlement, PepsiCo Must Withdraw Case Against Farmers: AIKS - Sumedha Pal
-Newsclick.in Even as a strong campaign against PepsiCo products began in India, the corporate giant said it might withdraw the case if farmers were willing to sign an agreement for buying the registered variety of FC-5 potato seeds. New Delhi: The legal tussle between multinational giant PepsiCo and potato farmers in India has intensified. In a court hearing in Ahmedabad on April 26, the company has gone ahead to suggest an...
More »P Sainath, acclaimed journalist and Founder-Editor of the People's Archive of Rural India, interviewed by Anuradha SenGupta (News18.com)
-News18.com Acclaimed journalist and Founder-Editor of the People’s Archive of Rural India, P Sainath attributes the existential crisis confronting India’s agrarian society to macro-economic policies set in motion 25 years ago. Talking to Anuradha SenGupta, Sainath makes a case for state intervention in agriculture and says the Modi government, with its shifting positions and policies like demonetisation has only aggravated the assault on agrarian livelihoods. Dismissing the buzz about imminent new initiatives...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »Three years on, bank credit to MSEs continue to shrink -Mayur Shetty
-The Times of India MUMBAI: The share of bank credit to micro and small enterprises (MSEs) has been shrinking since three years — from 5.9% in October 2015 to 4.5% in October 2018, data from the RBI show. While it is clear the sector is facing problems due to the double whammy of demonetisation and GST, it’s unclear whether MSEs are hit by liquidity issues or whether banks do not find them...
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