-The Economic Times With the general election a few months away, the central government has begun crunching the numbers in preparation for a comprehensive programme to help farmers tide over challenges posed by a dip in prices and dwindling incomes. The government is keen on a more substantive intervention than a loan waiver at the central level to alleviate agrarian distress besides stepping up Investments in the sector, having concluded that writing...
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As India rethinks labour rules, one item not on the agenda: Childcare facilities for women workers -Mirai Chatterjee
-Scroll.in Full-day, quality childcare can make a crucial difference in India’s fight against malnutrition, and can possibly enhance incomes of working women. Savitaben is a tobacco worker in Rasnol village, Gujarat. She has two young children under five years of age, and every morning she leaves them in a crèche run by the Self-Employed Women’s Association or SEWA, a trade union of over 15 lakh poor, self-employed women workers. The children are...
More »A double-edge sword for farmers -- Loan waivers shrink credit supply to the farm sector -Kushankur Dey
-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...
More »Telangana is Proof Farm Loan Waivers Aren't a Long-Term Solution -Siraj Hussain
-TheWire.in The government has to evolve policies suitable to a particular state and fine-tune them according to local needs. ‘Nothing succeeds like success,’ first written by Sir Arthur Helps in Realmah in 1868, is going to guide political parties while they draft manifestos for the next parliamentary election. It seems that the Rythu Bandhu (RB) scheme – also known as the Telangana model of direct Investment support (DIS) to farmers – has...
More »Statement of intentions
-The Hindu Business Line NITI Aayog’s document sets out economic goals, but there’s no roadmap The NITI Aayog’s Strategy for New India @75 lays out a checklist of priorities for economic policy-makers over the next three years. It sets out as an immediate priority, the ramping up of the Investment rate to 36 per cent of the GDP by 2022, from 29 per cent at present in order to hit a growth...
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