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Rationale behind raising interest rates -Sashwath Swaminathan nd Anand Srinivasan

-The Hindu A critical facet of the consequences of an interest rate increase is the correction of asset prices. Interest rates act as gravity to stock market prices The Federal Reserve and other central banks around the world have raised interest rates to curb inflation. The rationale behind raising interest rates is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest rather than consume...

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Plight of the small peasantry in Punjab is affecting their mental health, highlights field-based study

Door-to-door and village-to-village surveys carried out by researchers of the Department of Economics and Sociology, Punjab Agricultural University, Ludhiana detected a total of 9,291 suicides that were committed by farmers in six districts of Punjab during the period from 2000 to 2018. Situated in the Malwa region of Punjab, which is known for cotton farming and the prevalence of cancer among its population, Sangrur (2,506) witnessed the highest number of...

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Interim Report of the Fact Finding Team Investigating the Stoppage of MGNREGA Wages in West Bengal

-Press release by NREGA Sangharsh Morcha dated 28 July 2022 Based on the findings NREGA Sangharsh Morcha put forth the following demands: 1. All the documents pertaining to correspondence between the Central Government and the State Government on MGNREGA since 2019, including the reports of central team visits and action taken, should be made public. 2. The Labour Budget for West Bengal for the FY 2022-23 has to be approved immediately by the...

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Unable to access various state govt. schemes & benefits, many tenant farmers have committed suicides in Andhra Pradesh, reveals a new report

-Press release by Rythu Swarajya Vedika dated March 8, 2022 A new report on tenant farmers in Andhra Pradesh by Rythu Swarajya Vedika reveals how the denial of land owners' signatures on the Crop Cultivator Rights Cards is adversely affecting them. The Rythu Swarajya Vedika (RSV), a network of organizations and individuals working for the well-being and rights of farming community, released Part-1 of the report of its extensive study of tenant farmers...

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Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey

The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...

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