-The Times of India blog (Voices) Riding on the roads of rural Punjab, a grim spectre unfolds. It is early November and there is fire and smoke all around for the endless land that stretches ahead. It is paddy stubble burning time in the state. This phenomenon is not exceptional to the state of Punjab in India but is also prevalent in Haryana and western Uttar Pradesh. Recently, there has been much...
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Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan
-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...
More »Does the Banking System Really Want to Help Farmers? -Devinder Sharma
-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
More »No economy for women -Sonalde Desai & Anupma Mehta
-The Hindu In stark contrast to worldwide trends, women in India are being forced out of the workforce According to a recent report by the International Labour Organisation (ILO), India and Pakistan have the lowest rates of women’s labour force participation in Asia, in sharp contrast to Nepal, Vietnam, Laos and Cambodia that have the highest, with richer nations like Singapore, Malaysia and Indonesia falling in between. Moreover, even this low rate...
More »To breathe fresh air, opt for better agricultural technology
Delhi's air is not fit to inhale. Experts argue that prolonged exposure to toxic air could lead to serious health hazards like heart and lung diseases, various types of cancer etc. But is it the case that the smog, which engulfed the entire National Capital Region (NCR) and many of the north Indian cities during October-November was entirely caused due to burning of firecrackers in Diwali or because of vehicular...
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