-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs. It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...
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Displaced tribals are adrift in an alien world -Mark Tully
-Hindustan Times In all the heat being generated by the government’s amendments to the land acquiSITion law, the tribals are being left out in the cold. In his Mann Ki Baat broadcast Prime Minister Narendra Modi addressed himself to “My dear farmer brothers and sisters”. He did not include the tribals. Perhaps farmers are in the spotlight because the tragedy of farmers’ suicides gives the oppoSITion an emotive issue to raise in...
More »Who cares for the small farmer? -PSM Rao
-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister Narendra Modi has often expressed his sense of anguish at the plight of farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that farmers cannot be left to fend for themselves. Implicit in that...
More »Drought factor forces NDA government to rethink on MGNREGA -Ruhi Tewari
-The Indian Express The average days of employment provided per household, too, fell to 40.01 from 45.97 in 2013-14 and 46.20 in 2012-13. From Prime Minister Narendra Modi’s public barbs against its being a “living proof” of 60 years of Congress misrule, to a proposal now for extending the annual work entitlement to 150 days in drought-affected areas, the BJP-led government’s dispoSITion towards the Mahatma Gandhi National Rural Employment Act (MGNREGA)...
More »Farmers Find their Voice Through Radio in the Badlands of India -Stella Paul
-IPS News TIKAMGARH: Eighty-year-old Chenabai Kushwaha SITs on a charpoy under a neem tree in the village of Chitawar, located in the Tikamgarh district in the central Indian state of Madhya Pradesh, staring intently at a dictaphone. “Please sing a song for us,” urges the woman holding the voice recorder. Kushwaha obliges with a melancholy tune about an eight-year-old girl begging her father not to give her away in marriage. The melody melts...
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