-IndiaSpend.com Mumbai: He delayed it as long as he could but when he realised that he had no other option, Pandurang Shinde, 33, swallowed his pride and asked his relatives for a loan in June. “It is not the best feeling,” he said. “But I was running out of time. I borrowed Rs 50,000--I needed that money for the cropping season starting in June.” Crop loans are critical for the agrarian cycle...
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How BALARAM can make its plough dent on ground? -Pranab Ranjan Choudhury and Arabinda Kumar Padhee
-The Pioneer In yet another demonstration of commitment to its inclusive agriculture growth agenda, the Government of Odisha has announced the BALARAM Yojana to provide crop loans worth more than Rs 1,000 crore to the landless sharecroppers through joint liability groups (JLGs) in the next two years. Lauded as one of the most inclusive income support/cash transfer schemes in the country, KALIA was announced in 2019 to help the small and marginal...
More »SWAN’s third report outlines the perpetual plight of migrants in terms of food shortage, income insecurity and travel difficulties during the lockdown
On June 5th this year, the Stranded Workers Action Network, comprising volunteers from various civil society groups, academics and students enrolled in university education, released its third report entitled ‘To Leave or Not to Leave? Lockdown, Migrant Workers, and Their Journeys Home’. Among other things, the latest report states that nearly four-fifth of migrant workers (out of 5,911) who called SWAN volunteers for help (altogether 821 distress calls were made)...
More »Most small farmers outside formal credit system. Sitharaman’s announcements won’t help them -Shoumitro Chatterjee and Mekhala Krishnamurthy
-ThePrint.in An RBI report says that despite numerous existing initiatives, at most 40 per cent of India’s small and marginal farmers are covered by formal credit. There is no doubt that agricultural credit is a critical element of both agricultural production and marketing across India. However, during a period of acute crisis, the government needs to bank on channels that are relatively robust and far-reaching. Unfortunately, especially when it comes to small...
More »Lockdown led to massive job losses, show early results of an ongoing telephonic survey
Preliminary results of an ongoing study by the Centre for Sustainable Employment of Azim Premji University (APU) indicate that the lockdown has had a devastating impact on the livelihood security of the working people. The survey is currently being conducted across the country by the Centre for Sustainable Employment along with civil society organisations. Impact on livelihoods Analysis of preliminary data collected through telephonic interviews between 13th April, 2020 and 9th May, 2020...
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