-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
More »SEARCH RESULT
Vasundhara Raje turns to MGNREGA as hailstorms cause devastation of crops across 26 districts -Akshay Deshmane
-The Economic Times NEW DELHI: Rajasthan Chief Minister Vasundhara Raje, who had demanded scrapping of the MGNREGA last year, has now turned to the same law for helping her tide over a crisis. With hailstorms causing massive devastation of crops in 26 of the total 33 districts in early March - and Congress president Sonia Gandhi coming down to join protests against the state administration - among the multiple relief packages...
More »Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra
-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
More »How not to treat agriculture -Jayati Ghosh
-Frontline If Budget 2015 is any indication, the Modi government is going beyond what could be called benign neglect of agriculture to policy moves that are likely to harm its viability. IT is scarcely surprising that farmers are upset with the Narendra Modi government. Indeed, the rosy dreams created by that famous campaign advertisement of the Bharatiya Janata Party (BJP), when farmers spoke of the high crop prices and better cultivation conditions...
More »Government to merge green mission, job scheme -Mayank Aggarwal
-Livemint.com Convergence aimed to synergize efforts to improve livelihoods through horticulture, plantation and farm forestry and collectively address climate change concerns New Delhi: Aiming to increase India's forest cover, address climate change concerns and achieve a faster growth rate in the rural economy, the government has decided to merge the Green India Mission (GIM) with the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). Since taking over in May 2014, Prime Minister...
More »