-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...
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Why buying cows is just like investing in stocks -Pramit Bhattacharya
-Live Mint The return on cows and buffaloes, like that of many stocks traded on Wall Street, is positive in some years and negative in others This is one piece of news that would please Dinanath Batra and his cow-loving fans: Recent research by a team of economists show that rural Indians investing in cows and buffaloes may be acting quite rationally, overturning earlier research by another set of economists which showed...
More »Gender empowerment through family farms -Kanayo F Nwanze and MS Swaminathan
-The Asian Age In India and around the world, poverty is predominantly rural. Development agencies often note that 75 per cent of the world's extremely poor people - those who earn less than $1.25 a day - live in rural areas. New figures from the 2014 Multidimensional Poverty Index (MPI), which measures overlapping dimensions of deprivation, show that rural poverty rates are even higher in some regions. In South Asia, the...
More »98% households in villages under debt: Study -Sarbjit Dhaliwal
-The Tribune Chandigarh: One of the main reasons for a large number of suicides in the agriculture sector is debt. It is an established fact that Punjab farmers turn to non-institutional sources of credit despite a large network of banks in the state. At least 52.77 per cent rural households in the state are dependent on non-institutional sources for loans, says Dr Satish Verma, Professor, Reserve Bank of India Chair, CRRID. He...
More »Centre moves to revamp MGNREGA, check corruption
-The Times of India NEW DELHI: In its first step towards restructuring MGNREGA, the government on Wednesday announced that the material-Labour expenditure ratio in the scheme would be changed from 60:40% to 49:51%. This is in keeping with government's focus on asset creation along with job opportunities in the scheme. The government is also planning to monitor the work under the scheme through the use of space technology and provide wages...
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