-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...
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NSSO data confirms socio-economic disparity
Social justice is one of the basic pillars of democracy. But when it comes to livelihood security and socio-economic status of various communities in rural areas, persons belonging to Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) lag far behind the upper caste population. This has been revealed in a recent National Sample Survey Organization (NSSO) report entitled: Employment and Unemployment Situation among Social Groups in India...
More »Bihar’s earthquake toll due to poor condition of houses -Anupam Srivastava
-Down to Earth Census data shows Bihar among the three states with lowest proportion of houses which can be categorised ‘good’ What made Bihar vulnerable to the Nepal earthquake and led to the reported deaths of 38 persons in the state? Proximity to Nepal and, therefore, the epicenter is certainly a primary reason. The other major reason is the condition of houses in the state. Almost all the deaths due to an...
More »Land, development and democracy -Mihir Shah
-The Hindu India cannot continue with a pattern of industry that yields so few jobs but has such a large ecological footprint. Neither can it be excited by the urban nightmares that its cities are today. The land law debate must be the occasion to talk about these key national agendas The current debate on the land law is important because it affords us a chance to reflect more deeply on the...
More »Mint index of rural distress shows deepening crisis in villages -Roshan Kishore
-Livemint If the IMD forecast of below normal monsoon comes true, the Mint index of rural distress is likely to rise to its decadal high Indian farmers are trapped in a new cycle of distress, and the first monsoon forecast by the India Meteorological Department (IMD) released on Wednesday indicates the rains could play truant for the second year in a row. A Mint index of rural distress—based on the growth of...
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