-The Indian Express Forcing machinery on farmers without giving a thought to the economics of their utilisation can prove counter-productive. There are three main impediments to farm mechanisation in India. The first is cost, which, for a standard 50-horsepower tractor, today averages around Rs 6.5-6.8 lakh. But a tractor is just a source of power and traction, and only as good as the farm implements it can pull. The most basic tractor-drawn tiller/cultivator...
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How to save Kisan Credit Cards from becoming an easy tool for money laundering -Sanganagouda Dhawalgi
-Financial Express Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Recently, former RBI Governor Raghuram Rajan cautioned the government that Kisan Credit Cards (KCC) can be a potential credit risk for the economy. Rajan’s caution be that as it may, one thing is certain that today KCC has become a tool in the hands of several...
More »Subsidies may be a hidden culprit in India's farm crisis -Zia Haq
-Hindustan Times Every Rs 10 lakh invested in farm research pulled 328 people out of poverty; 26 people were helped by the same amount spent on subsidies. New Delhi: Are Indian farmers paying a price for sweeping agricultural input subsidies they enjoyed for decades and which they have taken for granted, from virtually free power to extremely low-priced fertilisers? Data from a landmark new research seem to suggest so. The research, by economist...
More »Cure In Progress -Poonam Khetrapal Singh
-The Indian Express Deliberations at UN show resolve to address public health challenges at highest level. On September 26, the UN General Assembly (UNGA) deliberated on how best to address a serious public health challenge — tuberculosis (TB). A day later, the world’s most esteemed political forum deliberated on combating non-communicable diseases (NCDs). For several years, WHO South East Asia and its member states have been ground zero in the battle against...
More »How Govt Milking of Cash Cow LIC is Endangering India's Most Trusted Life Insurer -Praneta Jha
-Newsclick.inGovt is repeatedly turning to LIC for its disInvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&FS. Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disInvestment targets.Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have...
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