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A bitter sugar story -Girish Kuber

-The Indian Express In Maharashtra, where the sugar industry and politics are twined, drought is a manmade disaster Rains fall from the sky, but drought is “made” on the ground, at least in Maharashtra. The prevailing water crisis in the state is not about the unavailability of water resources. It’s all about criminal mismanagement of available resources. For the record: Yes, rains were deficient last year. In regions like Marathwada, which is facing...

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3 Lakh Dead In 20 Years. Here's How World's Largest Democracy Failed Its Farmers! -Maninder Dabas

-IndiaTimes.com Since 1995, nearly three lakh farmers have committed suicide owing to agrarian crisis in the country. In Maharashtra alone nearly 60,000 farmers have ended their lives in last two decades. Last year itself, the western states recorded 3,228 farmer suicides with maximum cases coming from drought hit Marathwada and Vidharbha region. According to the census, nearly 2,000 farmers across India are giving up agriculture daily and opting for other menial jobs...

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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...

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Why the Budget numbers don’t add up -Rohit Azad

-The Hindu The belt-tightening requires the poor to pay increased indirect taxes while the cushion of the social sector is consistently taken away from them. There is always a hype around a Union Budget but this time around, the expectations were running sky-high in terms of it being the make-or-break Budget for the Narendra Modi-led government since it happens to be in the middle of his five-year term. I must say at...

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A budget for Bharat can reset the narrative -Anil Padmanabhan

-Livemint.com Pro-poor and yet not populist can be the single defining strand of this year’s Union budget The run-up to this year’s Union budget, especially the past one week, has taken place in the backdrop of an unprecedented, vicious political confrontation between the ruling Bharatiya Janata Party (BJP) and the opposition. Together with the hit-wicket tendencies of the BJP-led National Democratic Alliance (NDA), it probably exaggerated the magnitude of every challenge...

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