The agrarian crisis is far from over. Amidst news of farmers' suicide reported from parts of Telangana, Andhra Pradesh and Maharashtra, an official document released in December by the National Sample Survey Organisation states that nearly 52% of India's agricultural households were indebted during July, 2012 - June, 2013. The average amount of outstanding loan per agricultural household in India was Rs. 47000 (see link below). Based on a survey of...
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Government taking 'speedy' measures to help farmers
-PTI NEW DELHI: Emphasising that ample credit to the tune of Rs 7 lakh crore flows in the agricultural sector every year, the government today said it is taking "speedy" measures to help farmers who are grappling with debt burden. "We will not let down our farmers," Minister of State for Finance Jayant Sinha told Lok Sabha during Question Hour. He said many steps have been taken to reduce debt burden as...
More »Where are the jobs? -Devinder Sharma
-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
More »‘Indian women hardly have any say in decision making’ -Mahendra Singh
-The Times of India NEW DELHI: Women empowerment may be the key slogan for every government since independence, but the findings of a government report show women still lag way behind men in having a say in decision making and in their participation in economic activity. The Central Statistics Office (CSO)'s publication "Women and Men in India 2014" found that women occupied seven out of 45 ministerial positions in the Narendra Modi's...
More »A workforce on the move, literally -S Chandrasekhar
-The Hindu Business Line The number of people commuting between rural and urban areas and across geographies has risen dramatically In the last couple of decades, the number of people commuting between rural and urban areas on a daily basis has seen an explosive growth. This includes unskilled workers without a fixed place of work. According to the National Sample Survey Organisation, between 1993-94 and 2009-10, India saw a nearly fourfold increase (from...
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