The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
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Change in Jangalmahal: Bengal’s girls find new reasons to study -Sarah Hafeez
-The Indian Express Mamata has been declaring scheme after scheme, including free bicycles and shoes to girls in Jangalmahal. At least 1,04,000 adivasi girls were given cycles until last year, says the TMC election manifesto. Raipur/ Salbani: Sipra Das, 19, is the first in her family to go to college. A grant of Rs 25,000 under the Kanyashree Prakalpa scheme will not only cover her fees but also help pay for...
More »Is agriculture a business? -Harish Damodaran
-The Indian Express Yes, except that farmers suffer rules other businessmen never encounter Agriculture is said to be India’s largest private-sector enterprise, engaging nearly 119 million farmers (“cultivators”) and another 144 million landless labourers, as per the 2011 Census. It is even considered the most respectable business, going by the oft-quoted slogan “uttam kheti, madhyam vyapar, kanishtha naukri (supreme is farming, mediocre is trade and most lowly is service)”. But the exalted...
More »Costlier food continues to hurt southern States -Maulik Madhu
-The Hindu Business Line In 2015, vegetable, milk and cereal inflation was higher than all-India average While food prices rose at a slower pace across India in 2015, the poor in the South and certain other parts of the country saw no respite and had to continue spending more for a decent meal. Manipur, Karnataka, Andhra Pradesh, Telangana, Tamil Nadu and Jammu & Kashmir faced higher food inflation in 2015 compared with 2014,...
More »Sri Sri Ravi Shankar's event dashes farmer's dreams -Baishali Adak
-India Today Farmers along the Yamuna have claimed that Sri Sri's Art of Living Foundation forcibly acquired land from them for an event at a low compensation. New Delhi: This comes not from areas like Beed or Vidarbha where distressed farmers commit suicide every year, but the National Capital Region itself. While a mega-show has been planned for Sri Sri Ravi Shankar's Art of Living (AOL) Foundation event in farmland along the...
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