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In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman

-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...

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Krishna Byre Gowda, Karnataka Agriculture Minister, interviewed by Vishwanath Kulkarni (The Hindu Business Line)

-The Hindu Business Line Karnataka, the first State to formulate an organic farming policy way back in 2004, has stepped up measures to spread the concept among farmers in recent years. Also, it has been working on rebuilding farmers’ interest in millets through incentives such as guaranteed buy-back and a bonus over the minimum support price. To provide market linkages to the over 1 lakh organic farmers in the State, the Karnataka government...

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Fasal Bima Yojana needs fine-tuning -Rajalakshmi Nirmal

-The Hindu Business Line Short tenure of the policy is its biggest drawback. With El Nino expected to mar the monsoon this year, insurers may stay away A normal monsoon in 2016, after two years of drought, has not only led to a bountiful harvest for farmers, but also filled the coffers of private insurers. The Kharif 2016 season resulting in lower claims has helped private insurers in particular rake in good profits...

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Rahul farmer salvo -Sanjay K Jha

-The Telegraph New Delhi: Rahul Gandhi today asked the BJP "not to play politics with farmers" by waiving loans in Uttar Pradesh alone as agrarian distress was a national crisis and the Centre should come up with a "national" response. Although Rahul described the Uttar Pradesh government's decision as a "step in the right direction", he alleged inaction by the Narendra Modi government by tweeting: "I am happy the BJP has finally...

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RTI pleas on pension issues should be decided in 48 hrs: CIC

-PTI Cases relating to delay in fixation and payment of pension and arrears to be dealt with urgently New Delhi: Right to information (RTI) applications seeking pension details should be replied to within 48 hours as it pertains to the "life and liberty" of the elderly, the Central Information Commission has held as it pitched for early redressal of such grievances. The Commission also directed that if an RTI application is a genuine...

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