-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...

-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...

-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...

-The Indian Express India’s largest nutrient maker tells The Indian Express how 11 crore farmers can directly receive subsidy now going to the industry. Direct Benefit Transfer (DBT) of fertiliser subsidy to farmers is an eminently feasible proposition and the Narendra Modi government should lose no time in going ahead with its implementation, says US Awasthi of the Indian Farmers Fertiliser Cooperative (Iffco). “People interested in stalling DBT are giving all sorts of...

-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...