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Decoding Karnataka debt trap: Rise of a new breed of private moneylenders -Sowmya Aji

-The Economic Times MANDYA: A new breed of moneylenders has pushed farmers of moneyed Mandya district in Karnataka into an endless debt trap, leading to mounting suicides, even as the institutionalised credit system has failed them. The system is so well entrenched that the borrowers themselves are taking steps to protect the moneylenders from a government crackdown on the practice. Farmers — big, small and marginal — have taken loans from private...

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Monsoons and markets -Ashok Gulati

-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and Access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...

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Here's proof that poor get gallows, rich mostly escape -Himanshi Dhawan & Pradeep Thakur

-The Times of India NEW DELHI: The fact that our legal system is skewed against the poor and marginalized is well-known. And to that extent, it's only expected that they get harsher punishment than the rich. But here are figures that tell the full story. A first of its kind study, which has analyzed data from interviews with 373 death row convicts over a 15-year period, has found three-fourths of those given...

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India’s suicide problem -Shamika Ravi

-The Indian Express Response to the crisis of farmer suicides is narrowly focused. Poor health accounts for most suicides, necessitating improved Access to healthcare rather than special packages For over a decade, farmer suicides in India has been a serious public policy concern. More recently, this has led to a shrill media outcry and much politicking. The government response to the crisis of farmer suicide has mostly been simplistic and sometimes aggravating....

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Communal violence in the country up by 25% in first five months of 2015 -Aman Sharma

-The Economic Times NEW DELHI: India has seen a near 25% increase in incidents of communal violence in the first five months of 2015 under the NDA government led by Prime Minister Narendra Modi, compared to the corresponding period of the previous year when the Congress-led United Progressive Alliance was in power. Home ministry data Accessed by ET shows that 287 incidents of communal violence were reported between January and May this...

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