-The Hindu There are substantive reasons for the questions being raised about the new GDP back series Without in any way impugning the integrity of the Central Statistics Office (CSO), most knowledgeable people are asking: if most important indicators of the Indian economy were better in 2004-2014, how is the GDP growth rate higher in estimates just released (7.4% per annum since 2014 and only 6.7% per annum in 2005-2014)? This is...
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No signs yet for escape from cycle of farm distress
-The New Indian Express The consecutive droughts, with intermittent floods, have shown the impact that climate change can have on the lives of farmers. BENGALURU: Farmers in the state are preparing for one more round of showdown with the state government, even as Chief Minister H D Kumaraswamy made a beginning to deliver on his promise of farm loan waiver by launching the distribution of ‘Debt-free certificates.’ Though the programme has raised...
More »Ready for discussions with farmers, says BJP Kisan Morcha
-The Hindu 'Will take up their genuine demands with govt.’ The BJP’s Kisan Morcha has invited farmers’ groups across the country for a dialogue on rural distress after several marches and agitations by them in the last year or so, with Morcha chief Virendra Singh Mast conceding that loan waivers were a “temporary solution” to what ails the Farm Sector. At a press conference in New Delhi, Mr. Mast said: “I had invited...
More »Farm-loan waivers turn nightmare for banks -G Naga Sridhar
-The Hindu Business Line Farmers in election-bound States have stopped repaying in anticipation of write-offs Hyderabad: The increasing demand for farm-loan waivers and slippages in existing loan repayments by farmers in anticipation of write-offs are giving banks a nightmare. Apart from drawing the attention of policy makers and political pundits, last week’s mega farmers’ rally in the national capital has also created tremors among bankers. “The expectation of agricultural loan waivers next year when...
More »A new deal for the farmer -Yashwant Sinha
-The Indian Express A Basic Income Scheme for the farmer will not tax the government’s resources. But it could stem the tide of distress in the countryside. The neglect of Indian agriculture by the NDA government, despite the tall promises in the BJP election manifesto of 2014 has been the cause of untold suffering of the Indian farmer over the last four years. This has led to large-scale farmers suicides and...
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