-The Indian Express We have turned our back to the intense food and drinking water distress across states India has transformed spectacularly in innumerable ways in the last two decades. One of the least noted changes is in the way the country — governments, the press and people — respond to drought and food scarcities. Back in the late-1980s, many states across India were reeling under back-to-back droughts for three consecutive years, not...

-The Indian Express Over 1,100 farmers had committed suicide in eight districts of Marathwada in 2015. Pune: The “all-out” efforts — as repeatedly being claimed by the Devendra Fadnavis-led Maharashtra Government — to reduce the constantly rising suicide rates of distressed farmers in Marathwada seem to be yielding little results. The rate of suicides in Marathwada just does not seem to slow down. In the first month of this year, as...

-Business Standard But RBI data suggest that by replacing interest subsidy with crop insurance, government can use about Rs 12,500 cr to facilitate crop insurance scheme If a recent recommendation of the Reserve Bank of India (RBI) on crop loan subsidy is approved by the government, agricultural loans are set to become as costly as home loans or car loans. RBI has suggested interest subvention on crop loans should be phased out,...

-The Hindu The fact that a megapolis, and not the drought-affected areas of Maharashtra, is the biggest beneficiary, has angered many Bristling with glass towers and commercial districts, Mumbai is unquestionably the financial capital of India. The most greenery an average Mumbaikar can hope to grow is a few herbs in window flower-pots. Which is why it seems strange that the city will be the biggest beneficiary of agriculture loans, as projected by...

-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...