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Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari

-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...

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Govt admits PM crop scheme lapses

-The Telegraph New Delhi: The government today conceded there were shortcomings in the Prime Minister Crop Insurance scheme and asked states to set up their own insurance companies to prevent "malpractices" by private firms. Speaking during a five-hour debate on the agrarian crisis in the Lok Sabha late on Wednesday night, agriculture minister Radha Mohan Singh said: "There are shortcomings in the implementation although the modified scheme is very good. We are...

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Lending to priority sector is good business, Mundra tells banks

-The Hindu Business Line RBI Deputy Governor says such loans support economic activity, generate income & surplus Mumbai: Given the overexposure of the banking system to large corporates and the consequences thereof in the last few years, Reserve Bank of India Deputy Governor SS Mundra said lending to priority sector is good business for all the right and justifiable reasons. “The excessive lending to corporate sector was the outcome of what I call...

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Muddled nutrition in Delhi ends up in PIL

-CivilSocietyOnline.com New Delhi: An estimated 50 percent of children in the National Capital Territory of Delhi are undernourished, but a State Food Commission that can address the problem has not been set up. The Food Security Act of 2013 stipulates the setting up of food commissions in the states to monitor mid-day meals served in government schools and supplementary nutrition provided in anganwadis, which are mother and child care centres. It has been...

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Farmer protests: Over-reliance on a single crop has cost them dear -Mihir Shah

-Hindustan Times India needs a paradigm shift in agriculture for economic and ecological sustainability Whenever flashpoints are reached, such as the current farmers’ agitation, there is a clamour for immediate palliatives. This is understandable, as those in acute distress need relief. But what we must not overlook are the profound possibilities of reform that such crises open up. Take Madhya Pradesh (MP), the epicentre of the agitation, which best exemplifies the required...

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