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Banks ask FinMin to stop Andhra farm loan waiver -Manojit Saha

-The Business Standard   Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...

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Farmers look for green shoots-Ajay Vir Jakhar

-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

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NDA govt to dilute environment rules for projects-Neha Sethi

-Live Mint   Prakash Javadekar's environment ministry proposes reduction in parameters defining forests as inviolate New Delhi: On a day it took the environment approval process online, the new government proposed diluting the norms for allowing industrial units in forest areas, moving to clear a logjam in project mandates that industry groups allege has contributed to declining economic growth. Not only will it make the process of environment clearances easier, the norms, once changed,...

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Education agenda for Narendra Modi-Anurag Behar

-Live Mint   Given the mandate that the BJP has received, it does have the political capital to support a new education agenda   The tactical and strategic brilliance of the campaign that the Bharatiya Janata Party (BJP) ran is visible in the election results. This also suggests that the BJP government is likely to start off on the task of governance with very clear ideas and in all likelihood with some specific plans....

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Will restructure MGNREGA: Gopinath Munde

-PTI   Munde said proper implementation of the land acquisition Act and providing every household with sanitation and drinking water will be his priority   New Delhi: Narendra Modi government will restructure United Progressive Alliance's flagship programme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) by linking employment with development in rural areas and "rigorously" implementing the new land acquisition law.   Senior Bharatiya Janata Party (BJP) leader Gopinath Munde, who took over as the minister...

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