Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/survey-lesson-for-mamata-13747/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/survey-lesson-for-mamata-13747/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/survey-lesson-for-mamata-13747/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/survey-lesson-for-mamata-13747/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ea338292b7f-trace').style.display = (document.getElementById('cakeErr67ea338292b7f-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ea338292b7f-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ea338292b7f-code').style.display = (document.getElementById('cakeErr67ea338292b7f-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ea338292b7f-context').style.display = (document.getElementById('cakeErr67ea338292b7f-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ea338292b7f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67ea338292b7f-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 13625, 'title' => 'Survey lesson for Mamata', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Telegraph </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> And where do politicians like Mamata Banerjee come in? </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness. </div>', 'credit_writer' => 'The Telegraph, 16 March, 2012, http://www.telegraphindia.com/1120316/jsp/nation/story_15257315.jsp', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'survey-lesson-for-mamata-13747', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13747, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 13625, 'metaTitle' => 'LATEST NEWS UPDATES | Survey lesson for Mamata', 'metaKeywords' => 'Rural Credit,transparency,Governance', 'metaDesc' => ' -The Telegraph The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative...', 'disp' => '<div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 13625, 'title' => 'Survey lesson for Mamata', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Telegraph </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> And where do politicians like Mamata Banerjee come in? </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness. </div>', 'credit_writer' => 'The Telegraph, 16 March, 2012, http://www.telegraphindia.com/1120316/jsp/nation/story_15257315.jsp', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'survey-lesson-for-mamata-13747', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13747, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 13625 $metaTitle = 'LATEST NEWS UPDATES | Survey lesson for Mamata' $metaKeywords = 'Rural Credit,transparency,Governance' $metaDesc = ' -The Telegraph The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative...' $disp = '<div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/survey-lesson-for-mamata-13747.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Survey lesson for Mamata | Im4change.org</title> <meta name="description" content=" -The Telegraph The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Survey lesson for Mamata</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“The state provides the laws and enforcement to enable people to sign contracts,” says the Survey. “In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.”</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says “enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation’s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. “Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India “what can be done by the government depends in great measure on how ordinary people think and what people believe in”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these “non-economic facets of life did not matter”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.… But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,” the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those “that look good on the surface”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> And where do politicians like Mamata Banerjee come in? </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness. </div>', 'credit_writer' => 'The Telegraph, 16 March, 2012, http://www.telegraphindia.com/1120316/jsp/nation/story_15257315.jsp', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'survey-lesson-for-mamata-13747', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13747, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 13625, 'metaTitle' => 'LATEST NEWS UPDATES | Survey lesson for Mamata', 'metaKeywords' => 'Rural Credit,transparency,Governance', 'metaDesc' => ' -The Telegraph The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative...', 'disp' => '<div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. 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The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. 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The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. 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At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/survey-lesson-for-mamata-13747.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Survey lesson for Mamata | Im4change.org</title> <meta name="description" content=" -The Telegraph The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Survey lesson for Mamata</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“The state provides the laws and enforcement to enable people to sign contracts,” says the Survey. “In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.”</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says “enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation’s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. “Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India “what can be done by the government depends in great measure on how ordinary people think and what people believe in”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these “non-economic facets of life did not matter”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.… But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,” the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those “that look good on the surface”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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'' : 'none')">Context</a><pre id="cakeErr67ea338292b7f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67ea338292b7f-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 13625, 'title' => 'Survey lesson for Mamata', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Telegraph </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. 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At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 13625, 'title' => 'Survey lesson for Mamata', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Telegraph </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> And where do politicians like Mamata Banerjee come in? </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness. </div>', 'credit_writer' => 'The Telegraph, 16 March, 2012, http://www.telegraphindia.com/1120316/jsp/nation/story_15257315.jsp', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'survey-lesson-for-mamata-13747', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13747, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 13625 $metaTitle = 'LATEST NEWS UPDATES | Survey lesson for Mamata' $metaKeywords = 'Rural Credit,transparency,Governance' $metaDesc = ' -The Telegraph The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative...' $disp = '<div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey &mdash; prepared by Kaushik Basu, chief economic adviser to the finance ministry &mdash; has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The state provides the laws and enforcement to enable people to sign contracts,&rdquo; says the Survey. &ldquo;In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says &ldquo;enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation&rsquo;s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. &ldquo;Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India &ldquo;what can be done by the government depends in great measure on how ordinary people think and what people believe in&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these &ldquo;non-economic facets of life did not matter&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.&hellip; But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,&rdquo; the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,&rdquo; it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. &ldquo;Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,&rdquo; it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those &ldquo;that look good on the surface&rdquo;.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/survey-lesson-for-mamata-13747.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Survey lesson for Mamata | Im4change.org</title> <meta name="description" content=" -The Telegraph The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Survey lesson for Mamata</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“The state provides the laws and enforcement to enable people to sign contracts,” says the Survey. “In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.”</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says “enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation’s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. “Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India “what can be done by the government depends in great measure on how ordinary people think and what people believe in”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these “non-economic facets of life did not matter”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.… But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,” the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those “that look good on the surface”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. 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At times economists treated these social norms, preferences and customs as unalterable.… But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,” the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those “that look good on the surface”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 13625, 'title' => 'Survey lesson for Mamata', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Telegraph </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> “The state provides the laws and enforcement to enable people to sign contracts,” says the Survey. “In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.” </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says “enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state”. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report also says that when talking about a nation’s economic progress, attention is usually focused on the government. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> However, much also depends on the civil society, firms, farmers, and the ordinary citizens. “Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,” it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The report says that in a democracy like India “what can be done by the government depends in great measure on how ordinary people think and what people believe in”. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Very little attention was focused on this aspect because there was a general belief that these “non-economic facets of life did not matter”. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> “But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.… But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,” the Survey said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> “If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those “that look good on the surface”. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> And where do politicians like Mamata Banerjee come in? </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness. </div>', 'credit_writer' => 'The Telegraph, 16 March, 2012, http://www.telegraphindia.com/1120316/jsp/nation/story_15257315.jsp', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'survey-lesson-for-mamata-13747', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13747, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 13625 $metaTitle = 'LATEST NEWS UPDATES | Survey lesson for Mamata' $metaKeywords = 'Rural Credit,transparency,Governance' $metaDesc = ' -The Telegraph The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative...' $disp = '<div style="text-align: justify">-The Telegraph</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“The state provides the laws and enforcement to enable people to sign contracts,” says the Survey. “In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.”</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says “enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report also says that when talking about a nation’s economic progress, attention is usually focused on the government.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, much also depends on the civil society, firms, farmers, and the ordinary citizens. “Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The report says that in a democracy like India “what can be done by the government depends in great measure on how ordinary people think and what people believe in”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Very little attention was focused on this aspect because there was a general belief that these “non-economic facets of life did not matter”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.… But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,” the Survey said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those “that look good on the surface”.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">And where do politicians like Mamata Banerjee come in?</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Survey lesson for Mamata |
-The Telegraph The Economic Survey — prepared by Kaushik Basu, chief economic adviser to the finance ministry — has some gratuitous advice for politicians like Mamata Banerjee who announced earlier this week plans to amend state legislation that will require co-operative banks to take government permission before seizing mortgaged property while trying to foreclose loans given to defaulting farmers. “The state provides the laws and enforcement to enable people to sign contracts,” says the Survey. “In India, the state does a fairly good job in the housing mortgage market and banks and individuals rely on that.” The Survey says “enforcing complicated or large contracts, especially ones protracted over a long period of time, is the responsibility of the state”. The report also says that when talking about a nation’s economic progress, attention is usually focused on the government. However, much also depends on the civil society, firms, farmers, and the ordinary citizens. “Honesty, punctuality, the propensity to keep promises, the attitude to corruption are matters shaped in great part by norms and social beliefs and the behaviour patterns can become habitual,” it adds. The report says that in a democracy like India “what can be done by the government depends in great measure on how ordinary people think and what people believe in”. Very little attention was focused on this aspect because there was a general belief that these “non-economic facets of life did not matter”. “But we now know that a market economy cannot function if people are totally self serving... honesty, integrity and trustworthiness constitute the cement that binds society. At times economists treated these social norms, preferences and customs as unalterable.… But we do know now that these qualities in people can be changed. Honesty and integrity can be nurtured and aversion to corruption can be shored up,” the Survey said. “If the contractual system in a nation is so weak that when a bank gives a 20-year mortgage to a person for buying a house, there is a high risk of default, the implication of this is not that banks in that country will make large losses. The implication is that banks will not give loans; and the housing market will remain severely underdeveloped,” it added. The Survey says that societies that have nurtured the qualities of honesty and trustworthiness have done well. “Societies that have done poorly on these (fronts), tend to do poorly in terms of economic progress,” it adds. Basic literacy and better education will help make people aware of the benefits of these social qualities. People will then demand framing of policies which are truly better and not merely those “that look good on the surface”. And where do politicians like Mamata Banerjee come in? The Survey says political leaders and policymakers should act as role models by epitomising and furthering the qualities of honesty, integrity and trustworthiness.
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