-Firstpost.com The battle for the rural heartland has commenced in full earnest. Even though the two main opposition parties are not officially behind the strike called by farmers, their support and muscle is in full evidence. Surprisingly, the Shiv Sena – an alliance partner of the present government -- has also supported the agitation. Yesterday, milk and vegetables had to be brought into some of Maharashtra’s cities under police escort. The shrill...
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Job creation in high-growth India should be a top priority -Harsh Mander
-Hindustan Times There are almost no jobs available in India’s high-growth economy. Job creation has plummeted to levels even below those of preceding UPA governments. Of the one million new people who join the workforce every month, only 0.01% of new workers added to the work force actually found work. For millions of young voters Prime Minister Modi’s most alluring election promise in 2014 was that his government would create ten million...
More »Distress in abundance -Anupama Katakam
-Frontline Low prices following a bumper crop and the State government’s inability to procure much of the yield leave tur farmers in Maharashtra in a quandary. DROUGHT or abundance, farmers seem to be perpetually doomed in Maharashtra. The most recent crisis unfolding in the agrarian segment is the crashing prices of pulses, particularly tur dal, and the inability of the State government to procure the entire crop. Adding to the problem...
More »Waiving loans doesn't end the distress -Rajalakshmi Nirmal
-The Hindu Business Line The solution lies in better prices for produce, generating non-farm income, and reducing costs of farming After the Yogi Adityanath government waived farm loans of about ?36,000 crore for UP farmers, pressure has mounted on other States to follow suit. But contrary to common belief, debt waivers aside from possibly guaranteeing electoral victory, do little to alleviate the plight of farmers. Neither do they help kick-start the rural...
More »Tamil Nadu's farmers are the most distress-ridden in India -Roshan Kishore
-Livemint.com Mint’s RURAL DISTRESS index is below its median value, but it conceals varying distress levels across states Uttar Pradesh chief minister Yogi Adityanath’s announcement of farm loan waiver has given credence to similar demands from across the country. Those making these demands include political parties, protesting farmers and even the judiciary. An earlier Plainfacts column had pointed out how farm loan waivers can be counter-productive in the long run, a fact...
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