-The Hindu The Labour Bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior Labour Bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...
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Aruna Roy, well-known social and political activist, interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.in Interview with Aruna Roy. ARUNA ROY is a well-known social and political activist. A former Indian Administrative Service officer, she resigned from the IAS in 1975 and has since worked with the most oppressed in society. Aruna Roy’s observation on government service is indicative of her future concerns: “Everyone calls it an elite service; I always felt the discourse should be a bit better than what it was. I was shocked...
More »Farm Loan Waivers and Corporate Defaulters are Two Sides of the Same Coin -Seshadri Kumar
-TheWire.in Why is Rs 1.84 lakh crore a "frightening challenge" for banks, but Rs 10.17 lakh crores not? The great farm loan waiver debate is back. The Congress kicked it off this time with the announcement of waivers in the newly-elected governments of Chhattisgarh, Madhya Pradesh, and Rajasthan. This was followed up by similar announcements from BJP-ruled Gujarat and Assam. Rahul Gandhi even went onto to demand a nation-wide farm loan waiver from...
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 »An outstanding alternative to farm loan waiver -Suman Layak
-The Economic Times The world is no stranger to farm debt crises like the one India is seeing today. Back in the 1980s, the Canadian parliament enacted a law to stop foreclosures on farm debt, after prices collapsed and interest rates jumped to as high as 24%. The law was in force for a dozen-odd years. It identified insolvent farmers, facilitated agreements between the borrowers and lenders, and helped some farmers move...
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