-Deccan Chronicle Hyderabad: Nearly 91 per cent of farmers in AP are debt-ridden. Unable to repay their debts to private moneylenders, farmers sometimes commit suicide, state Agriculture department statistics. This was informed to the AP Assembly too in the recent Budget Session by minister for agriculture P. Pulla Rao. Most of these farmers are tenants who number nearly 25 lakh. Of them, only 1.4 lakh get loans from banks. Nationalised banks, in...
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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...
More »43% of India's bank accounts lying dormant: World Bank
-Business Standard There was a significant rise in number of bank accounts held by Indians last year but a large chunk of these saw no transaction, shows a World Bank report Amid data suggesting nearly every Indian household now has access to a bank account, thanks to a renewed push to financial inclusion under the government’s Pradhan Mantri Jan Dhan Yojana, a set of numbers from the World Bank Global Findex for...
More »Lack of Clarity and Vision in New Mines and Minerals Act -EAS Sarma
-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...
More »India’s unrealised maternity entitlement -Vanita Leah Falcao & Jasmeet Khanuja
-The Hindu The Indira Gandhi Matritva Sahyog Yojana was introduced to provide partial wage compensation during pregnancy, but various issues plague its implementation The latest official figures indicate that India is well short of meeting the Millennium Development Goals that pledged to reduce the country's maternal mortality ratio (MMR) by three quarters and the infant mortality rate (IMR) by two-thirds. The Sample Registration System (SRS), 2013, records MMR at 167 per 1,00,000...
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