-Financial Express Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Rajan’s caution be that as it may, one thing is certain that today KCC has become a tool in the hands of several...

-Scroll.in Providing them machinery to remove loose straw and expanding the industries that use crop residue could help tackle the problem, says a new study. It is that time of the year. Delhi’s air is becoming poisonous and, once again, Punjab’s farmers burning paddy straw are being blamed for it. But few bother to ask why these farmers dispose of their crop residue in such a polluting way even though the risk...

-Down to Earth While power consumption in agriculture is overestimated, a number of factors influence groundwater extraction. A new study done by Pune-based non-profit Prayas shows that India’s agriculture sector cannot be held responsible for financial stress on electricity distribution companies (discoms) and for declining groundwater. The study titled, Understanding the Electricity, Water & Agriculture Linkages, argues that not only is the subsidy given to agriculture in India overestimated, the relation between subsidy...

-The Telegraph World Bank report suggests that 33% of the Jan Dhan accounts were opened by people who already had bank accounts New Delhi: The Congress on Thursday said the Jan Dhan accounts, one of Prime Minister Narendra Modi’s flagship programmes, were “an exercise in mass deception”, aimed at creating propaganda tools for “self-praise” rather than the avowed objective of financial inclusion of the poor. “By December 2016, twenty-four per cent of the...

-Hindustan Times 55 % Indians were classified as poor by the MPI methodology in 2005-06. India halved its poverty rate in the next 10 years. In absolute terms, the number of poor fell from 630 million to 360 million during this period. New Delhi: Improved nutrition, better sanitation and increased asset ownership have halved India’s poverty rate between 2005-06 and 2015-16, according to a study by the Oxford University. In the 10-year...