KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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Indian banks gave more home loans than agricultural credit
In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
More »Bihar agrarian crisis : Why crores in diesel subsidies may not be the answer -Zumbish
-Down to Earth Funds allocated in July for diesel subsidy haven't reached many farmers yet; Irrigation Projects needed, say locals The agriculture department of the Bihar government has allocated Rs 100 crore in diesel subsidy October 14, 2022 to help distressed farmers get diesel subsidy. The plan announced in a public address by the newly appointed agriculture minister of the state, Kumar Sarvajeet, is in line with the state’s action plan to help...
More »बुंदेलखंड में कुपोषण की समस्या पर नीति निर्माताओं को जरूर देखना चाहिए!
हाल की मीडिया रिपोर्ट्स यह बताती हैं कि आगामी उत्तर प्रदेश विधानसभा चुनाव से पहले उत्तर प्रदेश के बुंदेलखंड क्षेत्र को लगभग रु. 6,300 करोड़ की परियोजनाओं की घोषणाएं की गई हैं, जिनमें झांसी में टैंक रोधी मिसाइलों के प्रणोदन प्रणाली के लिए 400 करोड़ रुपये का संयंत्र भी शामिल है. 18 नवंबर, 2021 को झांसी नोड (उत्तर प्रदेश रक्षा औद्योगिक गलियारे से संबंधित) में पहली परियोजना के लिए नींव...
More »The under-nutrition problem in Bundelkhand should receive equal attention of the policymakers, if not more
Recent media reports point out that the Bundelkhand region of Uttar Pradesh is likely to get about Rs. 6,300 crore projects ahead of the upcoming Uttar Pradesh assembly polls, including a Rs. 400 crore worth plant for the propulsion system of anti-tank guided missiles in Jhansi. The foundation was laid for the first project in the Jhansi node (related to the Uttar Pradesh Defence Industrial Corridor) on November 18, 2021. The two...
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