-The Times of India blog (Voices) Riding on the roads of rural Punjab, a grim spectre unfolds. It is early November and there is fire and smoke all around for the endless land that stretches ahead. It is paddy stubble burning time in the state. This phenomenon is not exceptional to the state of Punjab in India but is also prevalent in Haryana and western Uttar Pradesh. Recently, there has been much...
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Feeding India -Uma Lele
-The Indian Express Discussions on IFPRI’s Hunger Index illustrate the complexity of India’s malnutrition problem. Solutions must focus on evidence, accountability. India’s ranking in the International Food Policy Research Institute’s (IFPRI’s) 2017 Global Hunger Index has invited much comment and criticism among India’s intellectual elite. India has slipped to 100 among 119 countries in the 2017 Global Hunger Index, down from 97 among the 118 countries in 2016. Fortunately, the Government of...
More »Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan
-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm Mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...
More »Does the Banking System Really Want to Help Farmers? -Devinder Sharma
-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
More »MNREGA Is Not Making India's Workforce Less Skilled - Here's Why -Naman Garg and Aarushi Kalra
-TheWire.in MNREGA acts as a safety net not only against extreme poverty but also against the exploitation of workers. The Mahatma Gandhi National Rural Employment Guarantee Act (MMNREGA) and its impact on the various aspects of the economy continues to be an active area of research. A piece by Sumit Agarwal, Shashwat Alok, Yakshup Chopra and Prasanna L. Tantri titled “Is MGMNREGA destroying factory jobs? Disquieting data shows it discourages skill development”...
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