Debt

World Employment and Social Outlook: Trends 2025

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, …

Only three farmers’ suicides from crop failure: Maharashtra

If the Maharashtra government is to be believed, only three farmers have committed suicide in the State because of crop failure due to unseasonal rain and hailstorms since January. The government, however, acknowledges that 598 more farmers have taken their own lives during the period, but is unaware of the …

Rich states, poor states - ALEC-Laffer state economic competitiveness index

The American Legislative Exchange Council released their annual “Rich States, Poor States” report examining the latest trends in state economic growth. Renowned economists Arthur Laffer, Stephen Moore, and Jonathan Williams take into account tax rates, regulatory burdens, labor policy, and more in assessing and ranking the fifty states by overall …

Key indicators of debt and investment in India (January - December 2013)

The National Sample Survey Office (NSSO) conducts nationwide socio-economic surveys as part of its “rounds”, each round normally of a year’s duration. The NSS surveys are conducted through household interviews from a random sample of households selected through a scientific design and cover practically the entire geographical area of the …

Universal health coverage and the post-2015 agenda

Most of us have lost count of the number of times we have visited a doctor or health facility. It is something we take for granted: nothing exceptional, simply routine. Yet in our 21st-century world, 1 billion people have never seen a doctor or received quality health services. Furthermore, given …

The political economy of farmers’ suicides in India: indebted cash-crop farmers with marginal landholdings explain state-level variation in suicide rates

A recent Lancet article reported the first reliable estimates of suicide rates in India. National-level suicide rates are among the highest in the world, but suicide rates vary sharply between states and the causes of these differences are disputed. We test whether differences in the structure of agricultural production explain …

Farmers' indebtedness in Haryana: A study

Farmers' Indebtedness in the State emerged as a central issue. This is because, the problem of indebtedness, damaged the social status of a farmer and triggered to commit suicide. In India, on an average, there is one farmer suicide in every 30 minutes since 2002 [Sainath: 2008a], while in case …

Global financial development report 2014: financial inclusion

Global Financial Development Report 2014 is the second in a new World Bank series. It contributes to financial sector policy debates, building on new data, surveys, research, and country experience, with emphasis on emerging markets and developing economies. This year’s report focuses on financial inclusion—the share of individuals and firms …

Financing of renewable energy in India: Implications for policy

Financing of renewable energy in India: Implications for policy - A presentation by Gireesh Shrimali, David Nelson, Shobhit Goel, Charith Konda, Raj Kumar at the 4th National Research Conference on Climate Change, Indian Institute of Technology, Madras, October 26-27, 2013.

Farm suicides on rise, toll 671: Vidarbha Jan Andolan Samiti

The farm suicides in Vidarbha seem to be again on the rise after some time. With three more deaths in the last 24 hours, the toll for the current year since January has gone up to 671, claimed Vidarbha Jan Andolan Samiti, a farmers advocacy group tracking the situation for …

Four debt-ridden farmers end lives

Karimnagar: Four debt-ridden farmers allegedly committed suicide in Karimnagar district in the last two days, police said on Tuesday. Cotton farmers Vangapalli Bhoomesh, 30, from Namili Gundupalli village and Aitha Malla Reddy, 36, from Annaram village ended their life by consuming insecticide on Monday, they said. Bhoomesh had taken about …

Kisan Sabha to launch nationwide struggle to prevent farmers’ suicides

The All India Kisan Sabha (AIKS) is anguished over the alarming rate of suicides occurring in the farming community ever since the advent of the new economic policy, said N. Varadharajan, national general secretary of the Sabha. According to statistics, over three 3 lakh farmers ended their lives across the …

Farmer suicides in India: Durkheim’s types

This article makes an attempt to examine how far Durkheim's types explain farmer suicides in India and suggests that they correspond to two of his types - egoism and anomie. Agrarian changes having considerably lowered the level of economic achievements of farmers, the disproportion between achievement and aspiration is greatly …

Pro-poor climate finance: is there a role for private finance in the Green Climate Fund?

Before the Green Climate Fund (GCF) considers the role of the private sector in meeting the climate finance needs of developing countries, it should first ask: what are the needs of the people living in those countries as they confront the climate crisis, especially the poorest and most vulnerable? Second, …

In fiscal stress, state has little money for development: Economic Survey

Punjab is passing through a phase of ‘fiscal stress’ and is borrowing heavily to pay interest on loans, leaving little money for development. The Economic Survey 2012-13, prepared by the Economic Adviser to the government and released today, states that the current level of debt, which is expected to go …

Andhra farmers selling organs to escape debt trap

New Delhi: Almost five years after the UPA government allocated the lion’s share of its Rs 52,000 crore farm loan waiver scheme to Andhra Pradesh, reports are emerging from the state that distressed farmers are selling their organs to come out of the agricultural debt trap. Three states — Andhra …

Irregularities of 10,000cr in farm loan waiver scheme: CAG report

New Delhi: The Rs 52,000 crore farm debt waiver scheme of the UPA has fallen flat, with the government’s official auditor, the Comptroller and Auditor General (CAG), pointing to “serious lapses” in disbursal of benefits as well as specific instances of siphoning of funds under the scheme. The CAG performance …

Performance audit on Implementation of Agricultural Debt Waiver and Debt Relief Scheme, 2008

This report of the Comptroller and Auditor General of India contains the results of the Implementation of Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS). 2008. In 2008-09, the Government of India announced a debt waiver and debt relief scheme for farmers, for implementation of all Scheduled Commercial Banks, besides …

Haryana told to improve rural institutional finance

The National Bank for Agriculture and Rural Development (NABARD) has asked Haryana to initiate steps and improve rural institutional finance in the state, so that farmers are weaned away from private moneylenders and rural indebtedness is slowly ebbed out. NABARD has asked the state government to improve the recovery performance …

Microfinance - From utopia to dystopia

In his valedictory address at the Microfinance India Summit in New Delhi on Wednesday, Rural Development Minister Jairam Ramesh may have called microfinance “a discredited model” in “a danger zone”. But it is the politician-intellectual complex (PIC) that will fix anything to suit its purpose — especially if the thing …

World economic outlook 2012: coping with high debt and sluggish growth

The October 2012 World Economic Outlook (WEO) assesses the prospects for the global recovery in light of such risks as the ongoing euro area crisis and the "fiscal cliff" facing U.S. policymakers. Reducing the risks to the medium-term outlook implies reducing public debt in the major advanced economies, and Chapter …

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