-The Hindu Business Line Though the overall price trend is declining, for many items of daily consumption, especially food, it has risen Wholesale and consumer price indices are trending lower, but this has not brought relief to the common man. In May, the wholesale price index recorded negative growth for the seventh consecutive month. The consumer price index edged marginally higher in May to 5.01 per cent, from 4.87 per cent a...
More »SEARCH RESULT
Total Matching Records found : 9118
Farmers are being punished to keep food prices low -Devinder Sharma
-ABP Live Some days back the death of Surjit Singh, who had met Rahul Gandhi a few days before he committed suicide, once again brought the focus on the tragic but unresolved issue of farmer suicides. A few days after Surjit Singh consumed sulphos tablets, another 36-year-old farmer, Baljinder Das Bairagi from Sangrur, hanged himself from a ceiling fan. He carried an outstanding loan of Rs 7-lakh. A survey done by three...
More »Displaced tribals are adrift in an alien world -Mark Tully
-Hindustan Times In all the heat being generated by the government’s amendments to the land acquisition law, the tribals are being left out in the cold. In his Mann Ki Baat broadcast Prime Minister Narendra Modi addressed himself to “My dear farmer brothers and sisters”. He did not include the tribals. Perhaps Farmers are in the spotlight because the tragedy of Farmers’ suicides gives the opposition an emotive issue to raise in...
More »Super rich defaulters push Indian banks towards collapse
-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs. It's not the poor Farmers or the middle class who are defaulting on their loans. It's the country's super rich,...
More »Who cares for the small farmer? -PSM Rao
-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister Narendra Modi has often expressed his sense of anguish at the plight of Farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that Farmers cannot be left to fend for themselves. Implicit in that...
More »
