-International Business Times Bone-dry India’s water crisis seems to bringing the 2015 blockbuster film “Mad Max” to life. Apart from a deteriorating quality of life, countless diseases and loss of economic opportunities, India’s lack of water is also causing a plethora of social ills. Two successive years of droughts have resulted in India’s water crisis worsening by the minute, with a whopping 75.8 million Indians -- five percent of the country’s population...
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Middlemen in crisis
-The Indian Express The number of arhtiya suicides may not be anywhere close to those by farmers, but they do suggest a certain trend. When prices of commodities, be it basmati rice or cotton, were good, farmers planted with gusto. The ongoing agrarian crisis has spread beyond farmers to consume even arhtiyas or grain commission agents, as a report in this newspaper from Punjab has shown. The number of arhtiya suicides may...
More »New crop insurance scheme will cover 50% of farmers: Jaitley -Deepa Nair
-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the crop insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
More »More than 100 farmers in Maharashtra sought suicide clearance, Govt tells Rajya Sabha -Sayantan Bera
-Livemint.com These farmers belong to Wardha district, which is among the worst-hit by drought for two years in a row New Delhi: More than 100 farmers from a drought-hit district of Maharashtra asked the state government for permission to commit suicide, but decided not to take the extreme step after officials counselled them against it, the government has told Parliament. One hundred and nine farmers from Wardha district of Maharashtra—among of the...
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