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Impact of El Nino on rural incomes can hurt India’s growth projections

-Hindustan Times Some global meteorological agencies have pointed to the rising risks of an El Nino weather pattern this year which can trigger a poor monsoon in India, potentially posing an immediate challenge for the Narendra Modi government. El Nino, literally “little boy” in Spanish, is a climate phenomenon marked by higher sea-surface temperatures in the equatorial Pacific. Its effects vary, from storms in California to drought in Australia and India. ...

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More Credit for Agricultural Households?: NSSO’s 70th Round on Indebtedness -Sher Singh Sangwan

-Economic and Political Weekly An increase in indebtedness in agriculture between 2003 and 2013 does not necessarily mean a growth in debt that has debilitated the cultivator. Higher indebtedness may also reflect a more enabling process--the increased availability of institutional credit. An analysis of NSSO data. Sher Singh Sangwan (drsangwan8@gmail.com) is at the Centre for Research in Rural and Industrial Development, Chandigarh. The National Sample Survey Office (NSSO) report, Situation Assessment of Agricultural...

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'Number of women tobacco users rising' -Sushmi Dey

-The Times of India NEW DELHI: The number of women consuming tobacco products has doubled over 15 years, according to a report by the Public Health Foundation of India (PHFI). While only 10% of women consumed tobacco products during the mid- and late-1990s, the number has increased to 20% in recent years, the report said. Tobacco consumption among men has remained in the range of 45-57% between 1995-96 and 2009-10. The increase in...

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Cash for Food--A Misplaced Idea -Dipa Sinha

-Economic and Political Weekly Direct benefi t transfers in the form of cash cannot replace the supply of food through the public distribution system. Though it is claimed otherwise, DBT does not address the problems of identifying the poor ("targeting") and DBT in place of the PDS will expose the vulnerable to additional price fluctuation. Further, if the PDS is dismantled, there will also be no need or incentive for procurement...

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Leaks in lending

-Business Standard Subsidised farm credit also goes to companies There has been a massive surge in institutional agricultural credit over the past decade. But the benefit of that has not reached as much to farmers as it has to agri-businesses and companies branching out into agriculture-related activities. This is clear from an analytical study of agricultural credit by scholars at the Tata Institute of Social Sciences, based on a Reserve Bank of...

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