-ThePrint.in The Right to Information gives way to the government’s duty to publish. The Centre and all states must emulate Rajasthan. When the Right to Information Act came into force in Rajasthan in 2000, and nationally in 2005, there was a flush of stories for years about citizens and activists using the new law to expose corruption. That road built only on paper, the money released on files that never reached the...
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In 5 months, 40,000 Kerala farmers seek loan waiver -Shaju Philip
-The Indian Express In Idukki and Wayanad districts, where the situation is more severe, the loans availed up to August 31, 2018, are being considered by the commission for debt relief and in other districts it is March 31, 2014. Thiruvananthapuram: Around 40,000 marginal farmers in Kerala have approached the State Agricultural Debt Relief Commission in the last five months, seeking a waiver of loans they have taken from cooperative banks,...
More »Celebrating Diwali during a downturn -Sayantan Bera
-Livemint.com * A field report from the agriculturally prosperous heartland reveals a lacklustre festival of lights * Delay in farm loan waivers has worsened farmers’ credit score. So, financiers are unwilling to advance new loans to them for buying farm equipment SRI GANGANAGAR: "How are you going to celebrate Diwali?" My question gets Roopa Ram, an elderly farmer, so amused that he thinks it’s important to do some explaining to a reporter from...
More »RBI panel questions efficacy of populists schemes for farmers, in favour of more structural changes -Atmadip Ray
-The Economic Times The group is also in favour of revising the sub-target for small and marginal farmers to 10% from the existing 8% of adjusted net bank credit with a roadmap of two years. KOLKATA: A Reserve Bank of India working group on agricultural credit has questioned the efficacy of populist measures such as debt waiver and interest subsidy on crop loans, while suggesting a slew of structural changes to boost...
More »Dip in tractor sales indicate further deepening of rural distress
In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
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