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88% of Over 9,000 Punjab Farmers Who Died by Suicide in 18 Years Were Debt-Ridden: Study -Vivek Gupta

-TheWire.in The Panjab Agriculture University study examined deaths by suicide among farmers between 2000 and 2018 in six districts of the state. Chandigarh: As many as 9,291 farmers died by suicide between 2000 and 2018 in six districts of Punjab, a Panjab Agriculture University (PAU) study published in the latest edition of Economic and Political Weekly has revealed. The districts surveyed were Sangrur, Bathinda, Ludhiana, Mansa, Moga and Barnala. Heavy debt – most incurred...

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Travails Of Landless Labour - The Untold Story Of Punjab’s Agricultural Success -Sandeep Chachra

-Outlook India Sandeep Chachra is Executive Director, ActionAid Association and Co-chair of the World Urban Campaign, UN-Habitat. He discusses and expresses views of the ground reality of the success behind Punjab's Agriculture Industry. "Microfinance companies are breaking our backs.  Many women in our block have taken Loans that they can't repay.  During COVID, these Loans have swelled up, and the company agents threaten us, take away our belongings, our gas cylinders.  I...

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PM Modi assures Sri Lanka of immediate supply of fertilizer -Meera Srinivasan

-The Hindu Swift arrival of consignment critical to current production cycle, says Agriculture Ministry official  Prime Minister Narendra Modi has assured Sri Lanka of immediate supply of fertilizer, the Sri Lankan President has said, as the island braces for a food crisis amid a crushing economic meltdown. “President Gotabaya Rajapaksa has said that Indian Prime Minister Narendra Modi has agreed to provide the fertilizer required for the Yala season cultivation immediately,” Mr. Rajapaksa’s...

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MSME Loans back on track in FY22 -G Naga Sridhar

-The Hindu Business Line Micro and small Loans as on March 2022 grew by 21.5 per cent to ₹4,95,281 crore from ₹4,07,675 crore as on March 2021    The advances to Micro, Small and Medium Enterprises (MSMEs) are growing at a good pace, as banks are turning liberal in sanctioning Loans. The data pertaining to the fourth quarter ended March 31, 2022 as well FY22 show increase in MSME advances compared to previous year,...

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The poor are bearing the brunt of inflation -Krishna Raj

-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take Loans to maintain the...

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