-GoI Monitor The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help? THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list...
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Food safety authority's draft amendments include fatty acids composition in edible oil -Meenakshi Verma Ambwani
-The Hindu Business Line New Delhi: In a bid to curb misleading claims and adulteration in edible oils, the Food Safety and Standards Authority (FSSAI) has notified a draft regulation that sets standards for the permissible composition of fatty acids in various types of edible oils. The amendments in the regulation have been introduced at a time when edible oil companies have been increasingly looking at launching blended oil products to woo...
More »Crop insurance and the agrarian crisis in India -Sobhesh Kumar Agarwalla and Samir K Barua
-Livemint.com Crop insurance has failed to provide much-needed relief to farmers from destitution With one farmer committing suicide every half-an-hour, the number of farmers who have ended their lives as per official records in India is estimated at over 300,000 over the past two decades. These numbers do not include suicides by agricultural labourers, though they too are victims of the agrarian crisis. As each death affects at least the immediate family...
More »Paint 'I Am Poor' on Your Walls, Rajasthan Government Tells BPL Families
-TheWire.in Unable to fix its public distribution system, the state government humiliates the poor by marking their houses. New Delhi: From being in denial over violence in her state to allegedly ‘using an army of paid trolls’ to defend herself on Twitter, Rajasthan chief minister Vasundhara Raje has been making headlines for all the wrong reasons in the past few weeks. This latest news from Dausa district will not exactly help Raje’s...
More »Data in the post truth era -Prabhat Patnaik
-The Telegraph The Narendra Modi government's record in tacitly supporting the actions of a bunch of vigilante thugs who have been terrorizing the country, especially the Muslims and the Dalits, in the guise of gau rakshaks, or opponents of love jihad, or 'nationalists', has been so outrageous that it has grabbed all the critical attention. In the process, the government's abysmal failures in other spheres have gone virtually unnoticed. One such...
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