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Small Farmers' Suicide in Odisha -BB Mohanty & Papesh K Lenka

-Economic and Political Weekly The changes in Odisha’s agriculture made paddy production a losing proposition, especially for the small farmers who leased in land. Substantial decline in Farm Income caused by exploitative land lease arrangements, denial of access to a regulated market, crop failures, increased cost of cultivation, and indebtedness pushed these farmers into severe economic hardship and an inhospitable social environment, which ultimately led to their suicides. Please click here to read more....

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Good monsoon, govt support could revive rural demand -Ratna Bhushan & Sagar Malviya

-The Economic Times   Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos.   NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...

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Safety Net That Works -Shonar Lala

-The Indian Express Before contemplating new rural programmes, government must expand MGNREGA In the run up to the elections, a plethora of redistributive programmes, including farm loan waivers, cash transfers and minimum income guarantees came to the forefront as campaigners sought to balm rural distress. Amongst these is a proposal to launch a revised NREGA 3.0, in which 150 days of employment would be guaranteed to the rural poor. Almost 15...

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PM's income support scheme will benefit over 8 lakh large farmers -Vishwa Mohan

-The Times of India NEW DELHI: Extending the assured income support (PM-Kisan) scheme for farmers, approved by the new government in its first Cabinet meeting last Friday, will also benefit over eight lakh big landholders — having landholding size of 10 hectares (nearly 25 acres) and more — across the country. Though such big landholders account for merely 0.6% of total farmers in India, their numbers in some states, such as Rajasthan,...

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Make up for lost time -Puja Mehra

-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...

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