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Widows of Vidarbha highlights the lesser-known perseverance of the wives of farmers who commit suicide -Taruni Kumar

-Firstpost.com/ The Ladies Finger “After all, what did the widows of farmers know about agriculture, crop management, bank loans, private debts, land documents, health bills, power connections, panchayat politics, children’s education? The short answer was – everything.” When farmers commit suicide in India – an occurrence so common that ‘farmer suicides’ is a phrase that’s become commonplace in newsrooms and policy spaces – their deaths are assessed and a compensation is given...

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The rising agrarian distress in India -Jayati Ghosh

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

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Nagri can't stomach DBT

-The Telegraph   Cash-for-ration going directly to beneficiary bank accounts 'a disaster'   Ranchi: Bhashan nahin, ration do (give no speeches, give us ration). DBT hatao, ration bachao (remove direct benefit transfer, save ration), Raghubar-Saryu hai-hai (down with chief minister Raghubar Roy and food minister Saryu Roy). Holding such banners and posters, around 1,000 residents from 13 panchayats of Nagri on Monday undertook a 15km padyatra (rally on foot) from Kathalmore to Raj Bhavan...

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Can banking recover? -Jayati Ghosh

-The Hindu We need stricter adherence to sound banking rules and more transparency from public and private players The bank frauds involving Punjab National Bank (PNB) and the companies associated with businessmen Nirav Modi and Mehul Choksi as well as the Rotomac case couldn’t have come at a worse time. The Indian banking system is already reeling under the pressure of growing NPAs, or non-performing assets (less politely known as loans that...

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Indian Banking: Current Challenges & Alternatives for the Future -CP Chandrasekhar and Jayati Ghosh

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

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