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India is 'planting forests' to forestall the impending water crisis. It is a fool's errand -Peter Smetacek

-Scroll.in Instead, for a start, we should allow forests to regrow naturally. Planting trees creates a plantation, not a forest. India is again wasting valuable time, effort and resources on a national scale as it races to forestall an impending water crisis. The Ministry of Environment, Forest and Climate Change is conducting massive afforestation drives, planting native species. But a forest is a self-sown, self-regenerating community of plants and dependent organisms, from...

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A spike in inter-state migration in India could be driving a new wave of nativist politics -Shoaib Daniyal

-Scroll.in For the first time, a Hindi state – Madhya Pradesh – has complained about migrants taking away jobs. Hours after taking oath as the new chief minister of Madhya Pradesh on December 18, Kamal Nath declared that outsiders were grabbing jobs meant for locals. “People from states like Bihar and Uttar Pradesh come here and local people don’t get jobs,” he said. His government went on to issue an executive order...

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Telangana is Proof Farm Loan Waivers Aren't a Long-Term Solution -Siraj Hussain

-TheWire.in The government has to evolve policies suitable to a particular state and fine-tune them according to local needs. ‘Nothing succeeds like success,’ first written by Sir Arthur Helps in Realmah in 1868, is going to guide political parties while they draft manifestos for the next parliamentary election. It seems that the Rythu Bandhu (RB) scheme – also known as the Telangana model of direct investment support (DIS) to farmers – has...

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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...

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For farm distress, India needs more effective solutions than loan waivers -Shamika Ravi

-Business Standard Those who want to help India's farmers should be working much harder to figure out what they really need It’s election season in India and the money is flowing. Governments in many states have begun waiving tens of millions of dollars’ worth of loans to poor farmers in an effort to buy their loyalty. The argument – widely accepted by politicians and journalists, the demographic groups with the least fiscal...

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