In 2024, global employment expanded in line with a growing labour force, keeping the global unemployment rate steady at 5 per cent, similar to that of 2023. Slowing productivity growth remains a major bottleneck with respect to expanding the opportunities for decent work. On the back of stable unemployment rates, …
The Cooperative Department has asked the banks to go slow on the recovery of crop loans from farmers, but speed up the recovery of non-farm loans availed by them as well as other borrowers. The decision comes in wake of hue and cry being raised by farmers and farm unions …
More than 110 farmer outfits across the country have planned a nationwide strike from June 1 to 10 to press for their demands. The farmers are demanding higher rates for their produce, complete loan waiver, payouts to small farmers to match their income with that of a class IV government …
Uttar Pradesh, the first state to announce a farm loan waiver in the current series of such succour, spent Rs 20,598 crore in 2017-18 to relieve the state’s 34.11 lakh farmers of the onus of repaying their loans, but not without cutting its budget spending drastically from the targeted levels. …
There remain misconceptions regarding farmer suicides. There is a need to set right these erroneous ideas based on scientific studies that have been conducted seeking to devise solutions to address the prevailing crisis of the peasantry in Punjab.
With India emerging as a leading cotton producer in the world, and considering the large-scale adoption of Bt cotton cultivation, there is a need to understand the patterns of pesticide use by cotton farmers, especially as environmental, ecological, and health concerns surrounding pesticide use continue to be debated.
Order of the Supreme Court of India in the matter of National Bank of Agriculture and Rural Development (NABARD) Manager & Others Vs Abdul Majid Babaso Momin & Others dated 02/05/2018 regarding loans for the incoming agricultural season. Supreme Court directs that farmers whose loan amount is upto Rs.1,00,000/- (Rupees …
Shantaram Bhoye walked for six days to cover the 180km from Nashik to Mumbai. Hailing from Orambe village in Surgana, Nashik, Bhoye tills three acres for a living. But, the land is not in his name. He said he didn’t get something as basic as a ration card because of …
A plethora of problems face Southern and Northern family agricultures in the current neo-liberal era of financial capital domination worldwide, and has paved the way for the revival of peasant struggles for their social emancipation and legitimate right of access to land and food. Obviously, such struggles also concern all …
The Vidhan Sabha Committee to review suicide by farmers and landless labourers will present its report in the Assembly during the Budget session scheduled later this month. Committee chairman Sukhbinder Singh Sarkaria and member Nathu Ram, Balluana MLA, recently toured Gujarat to gather facts on how to increase the income …
The last budget of the Modi government comes against the backdrop of severe agrarian and rural distress. It is also the last opportunity to undo the damage caused to the rural economy by this government in the last four years. While the government has finally acknowledged the gravity of the …
The Index of Economic Freedom provides compelling evidence of the wide-ranging tangible benefits of living in freer societies. The Index analyzes economic policy developments in 186 countries. Countries are graded and ranked on 12 measures of economic freedom that evaluate the rule of law, government size, regulatory efficiency, and the …
This working paper presents a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. This paper uses the …
Implementation of the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda on Financing for Development has begun in earnest. The 2017 report of the Inter-agency Task Force on Financing for Development, itself an outcome of the Addis Ababa Conference, provides a first assessment of progress in implementing …
Mounting debt across the Adani Group suggests that the Indian conglomerate’s Carmichael mine proposal for northeast Australia has become an increasingly precarious house of cards, according to new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“Adani: Remote Prospect: Carmichael Status Update 2017”—notes that Adani Enterprise …
Order of the Supreme Court of India in the matter of Tamil Nadu Centre for Public Interest Litigation Vs State of Tamil Nadu & Others dated 13/04/2017 regarding distressing conditions of the farmers who are compelled to commit suicide in Tamil Nadu. Supreme Court directs the State of Tamil Nadu …
Order of the Supreme Court of India in the matter of Citizens Resource & Action Initiative (CRANTI) Vs State of Gujarat & Others dated 27/03/2017 regarding farmer suicides in India. P.S. Narasimha Additional Solicitor General stated before the Apex Court that the Central Government is in the process of formulating …
India has ambitious renewable energy targets of 175GW by 2022. In order to meet this target, the renewable energy sector in India will require $189 billion in additional investment, including $57 billion in equity, and $132 billion in debt. The potential amount of investment in the renewable energy sector in …
This report has been planned to cover several aspects of household indebtedness like number of households reporting cash loans, average amount of outstanding cash loan and distribution of outstanding cash dues of households by various characteristics, such as rate of interest, duration of loan, credit agency etc. In general, the …
This analysis considers scenarios for the potential contribution of the bond markets to meet low-carbon investment financing needs in a 2oC energy pathway. The IEA has estimated investment needs in the renewable energy, energy efficiency and LEV sectors to 2035, consistent with an expectation that countries will take policy actions …
