-The Hindu Bhuira's women are coping with the higher workload by creating vastly more flexible family and community structures. And they are simultaneously pushing towards modernity much faster than their neighbours. Everyone in the village sneaks a glance when Upasana Kumari drives her White Maruti 800 to work. “Driving a car is intoxicating,” says Kumari. A winding, muddy, single lane road that starts from the edge of the hillock where Kumari’s house...
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Punjab labour shortage: Rising scarcity of farm workers pushes up production cost, inclination towards machine farming -Arjun Sharma
-Firstpost.com Ludhiana: Free meals, payment in advance, free liquor to ease aching limbs after a hard day’s work. Migrant labour in Punjab, mainly from Bihar, West Bengal and Uttar Pradesh, the mainstay of the state’s agriculture sector, has never had it so good. The problem, however, is the decreasing availability of this labour. Ask Baljinder Singh, a farmer with a 10-acre holding in Dakha village. Come sowing season in mid-June, Baljinder...
More »What ails the Indian banking sector? -Pronab Sen
-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...
More »Ramesh Chand, member, NITI Aayog, interviewed by Seetha (Firstpost.com)
-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...
More »Reform agriculture marketing systems to address farm distress -Sudipto Mundle
-Livemint.com The actual determination of MSP is driven by a ‘business as usual’ practice of incremental increases in line with past trend, combined with the political need for ‘look good’ optics The recent increase in the minimum support prices (MSP) for major kharif crops has reignited the debate about food price policy. Some analysts believe that the increase has been excessive, that it will push up inflation, both directly and also indirectly...
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