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More Credit for Agricultural Households?: NSSO’s 70th Round on Indebtedness -Sher Singh Sangwan

-Economic and Political Weekly An increase in indebtedness in agriculture between 2003 and 2013 does not necessarily mean a growth in debt that has debilitated the cultivator. Higher indebtedness may also reflect a more enabling process--the increased availability of institutional credit. An analysis of NSSO data. Sher Singh Sangwan (drsangwan8@gmail.com) is at the Centre for Research in Rural and Industrial Development, Chandigarh. The National Sample Survey Office (NSSO) report, Situation Assessment of Agricultural...

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Tragedy looms -Swati Sharma

-The New Indian Express If the Government of India writes off the Handloom Reservation Act, more than one lakh weavers in Telangana and AP will be affected, fears All India Federation of Handloom Organisations   The handloom sector which is one of the biggest is always caught in the vicious cycle of low demand, massive unemployment, dwindling incomes and starvation deaths. This time, the problem has been compounded by the Government of India...

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Economic gap between upper castes and dalits persists -Subodh Varma

-The Times of India Despite more access to education, better household amenities and increased incomes, the economic gap between upper castes and dalit and tribal communities continues unchanged over the years, according to latest economic data from the NSSO. A comparison of average monthly expenditure of households belonging to dalit communities with upper caste households showed that in rural areas there was a gap of about 38% in 1999-2000 which changed only...

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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...

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Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra

-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...

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