The finance ministry has asked public sector banks to devise products for Indian farmers to ensure they get adequate funding in emergencies. The government, the majority owner of such banks, wants them to roll out products such as emergency loans to farmers that will be linked to savings accounts, a weather index-based insurance product, and set up a credit guarantee fund that will aid farmers in the event of crop losses...
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For two Tihar Jail inmates, freedom for seven hours every day-Geeta Gupta
In the ninth year of his 10-year term in Tihar, 25-year-old Anil is savouring a taste of what life might soon be for him. Between 11 am and 6 pm, Anil is free — free to roam around the 450-acre prison complex and work at Tihar Haat, to enter which he actually steps out of the prison gate. Anil is one of two prisoners made a part of Tihar’s semi-open jail...
More »Growing Food Demand Strains Energy, Water Supplies-Jeff Smith
The northern region of Gujarat State in western India is semi-arid and prone to droughts, receiving almost all of its rain during the monsoon season between June and September. But for the past three decades, many crop and dairy farms have remained green—even during the dry season. That's because farmers have invested in wells and pumps, using massive amounts of electricity to extract water from deep aquifers. The government has artificially propped...
More »What hit this land of plenty?-Sai Manish
75% of the youth. Every third student. 65% of all families in Punjab are in the throes of a sweeping drug addiction. With little or no hope in sight. THE RAILWAY barrier in Angarh, a locality in the border city of Amritsar in Punjab signals the end of too many things. The rule of law. The reign of sense. The fear of crime. The signs of normality. Even the divisions of...
More »New methods needed to answer old controversy in poverty measurement-Sreelatha Menon & Indivjal Dhasmana
The professional divide on Tendulkar's estimation goes a long way back A committee is being set up to devise yet another methodology to estimate poverty in India. The step has led to some unhappiness among economists and experts that it amounts to junking the services and competence of an expert like the late Suresh Tendulkar, whose study is sought to be replaced. Under pressure from all sides over its estimate of people...
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