-The Hindu Everything else can wait but agriculture cannot, said Jawaharlal Nehru. This should have been the talisman for India’s progress. Yet, successive governments have failed to accord agriculture the priority it deserves. The tragic suicide of a farmer during an Aam Aadmi Party rally in New Delhi has brought to the fore the agrarian crisis facing India. Official records reveal that more than 2.96 lakh farmers have ended their lives...
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Low rainfall may affect bank non-performing assets
-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...
More »NSSO data confirms socio-economic disparity
Social justice is one of the basic pillars of democracy. But when it comes to livelihood security and socio-economic status of various communities in rural areas, persons belonging to Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) lag far behind the upper caste population. This has been revealed in a recent National Sample Survey Organization (NSSO) report entitled: Employment and Unemployment SITuation among Social Groups in India...
More »Thirty-eight Indian cities in high-risk earthquake zones
-IANS NEW DELHI: At least 38 Indian cities lie in high-risk seismic zones and nearly 60 percent of the subcontinental landmass is vulnerable to earthquakes. Barring rare exceptions, such as the Delhi Metro, India's hastily-built cities are open to great damage from earthquakes. The earthquake that devastated Nepal on saturday and jolted northern India, damaging buildings as far apart as Agra and Siliguri, was expected by geologists, who have warned of more...
More »Resurgent Rahul, farmer's suicide puts land bill on backburner
-IANS A resurgent Rahul Gandhi and the suicide of a farmer at an AAP rally in the capital seem to have made the NDA government re-think its strategy on the land acquiSITion bill and put it on the backburner - at least for now. Desperately trying to fight the "anti-farmer" tag, the government, which went into a huddle soon after a farmer committed suicide at the April 22 rally of Delhi chief...
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