-Scroll.in It has come to a point that making debt payments is impossible, the country’s central bank governor said. Crisis-hit Sri Lanka on Tuesday said it would default on its entire external debt worth $51 billion (over Rs 3.88 lakh crore) till it receives a Bailout from the International Monetary Fund, AFP reported. A country’s external debt pertains to the money borrowed by it from foreign lenders through commercial banks, governments, or international...

-Citizen's Report on Year Two of the NDA-II Government 2020-2021: Promises and Reality, Civil Society Initiative, Coordinated by Wada Na Todo Abhiyan, released in July, 2021  “Promises & Reality – Citizens’ Report on the Year Two of the NDA II Government, 2020-21” is a collective work by eminent members and organisations of the Indian civil society. The report covers a wide array of concerns and issues in thematic areas including health,...

-The Indian Express UP mills have, in the current 2019-20 sugar season (October-September) as of May 8, crushed 10,565.49 lakh quintals of cane and produced 120.01 lakh tonnes (lt) of sugar. With cane payment arrears to farmers crossing Rs 14,200 crore, sugar mills in Uttar Pradesh have sought a cash subsidy Bailout from the state government to enable them to discharge their outstanding dues. “In this hour of deep crisis, we look upon...

-The Hindu Business Line Farmers are wrongly blamed for high power consumption. They need incentives for growing appropriate crops Agitations and loan waivers have brought the economics of agriculture in focus. Much of the discussion is about minimum support price, farmers’ net incomes and debt repayment capacities. However, the inputs side of the issue, especially the role and sustainability of subsidised inputs, also need equal attention if agriculture distress is to be...

-The Times of India blog Dozens of farming groups determined to stall supply of fruits, vegetables and dairy products to major Indian cities is a clear indicator of growing rural discontent that the Modi government has been struggling to deal with for quite some time, amidst supply glut and depressed farm produce prices. Worried that unhappy farmers could cost BJP dearly in upcoming state and national elections, the government has promised to...