-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
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Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
More »A double-edge sword for farmers -- Loan waivers shrink credit supply to the farm sector -Kushankur Dey
-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...
More »Young and wasted -TK Rajalakshmi
-Frontline.in The 2018 Global Nutrition Report points to the link between income and malnutrition but falls short of examining critical factors such as enhanced public spending that determine the levels of hunger and nutrition. In 2017, fewer than one in five children, six to 24 months of age, in the world ate a minimally accepted diet. More than half of them in the same age group did not get the recommended number...
More »Invisible people: Aadhaar versus particularly vulnerable tribal groups -Jean Dreze
-The Telegraph Many families depend on two entitlements for survival: social security pensions and rations from the public distribution system Particularly vulnerable tribal groups, earlier known as primitive tribal groups, are the sort of people you may never meet unless you take the trouble to look for them. In Jharkhand, they live in small hamlets scattered over the nooks and crannies of the state’s undulating forests. Without a purpose and some local...
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