-UN News Billions of people are facing the greatest cost of living crisis in a generation due to rising food and energy prices amid rapid inflation and increasing Debt, leaving the most vulnerable consumers in a dire situation, said the UN trade and development body, UNCTAD on Tuesday. UNCTAD’s analysis shows that a 10 per cent increase in food prices will trigger a five per cent decrease in the incomes of the...
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Review: RBI paper highlights the risk in the Finances of 10 States -Sai Krishna Muthyanolla
-Factly.in The RBI recently published an article State finances and the Risk Analysis. The article aims to look at the fiscal vulnerability of Indian States & emphasises on ten heavily Debt-burdened states in India based on the Debt-GSDP ratio in 2020-21. These ten states also account for around half of the total expenditure by all state governments in India. Here is a review. Effective and efficient public finance management is said to...
More »As farm Debt drives Punjab farmers to suicide, loan waiver demand set to gain momentum -Vikas Vasudeva
-The Hindu Farmer outfits in Punjab say they will be forced to start an agitation against the State AAP government if a complete farm loan Debt waiver is not announced shortly A recent study on farmers’ suicide in Punjab by Ludhiana-based Punjab Agricultural University (PAU) has revealed that in six districts of the State, as many as 9,291 farmers have died by suicide between the years 2000-2018 and around 88% of the...
More »How a transition back to hardy millets could solve several crises that India is grappling with -Swapan Mehra
-Scroll.in With climate change, farmer suicides and agicultural distress, the drought-resilient coarse grain that requires few resources could be the answer. Already caught in a vicious cycle of Debt and declining yields, Indian farmers now face new challenges from climate change. The Ministry of Earth Science, in a 2020 report, predicts, “Rising temperatures, heat extremes, and increasing year-to-year rainfall variability are likely to adversely impact crop yield.” India’s Green Revolution of the 1960s...
More »Deaths by Suicide Among Farmers in Punjab Signal the Dire Need For Reform -Darshan Pal
-TheWire.in A recent report on farmer suicides in Punjab reveals the circumstances which lead farmers and farm labourers to take their own lives, debunks popular myths regarding the same, and points to policy measures needed to tackle the problem. Suicides are a sign of a deep crisis in a society. And in Punjab’s so-called ‘agriculturally developed society’, suicides of farmers and farm labourers have been taking place unabated for the last two...
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