-Scroll.in While officials say waivers could jeopardise allocation for other key sectors, farmer unions and economists feel it is a necessity given the farming crisis. Developments in three states over the past week have brought the debate on the waiver of farm loans back under the political spotlight. In Uttar Pradesh, the newly-elected Bharatiya Janata Party government under Chief Minister Adityanath announced on Wednesday that it would write-off crop loans of up...

-Scroll.in Errors in linking Aadhaar to Bank Accounts under MNGREGA has meant many workers are going unpaid. It is easy to wake a person who is sleeping, but difficult to wake someone pretending to be asleep. This aphorism rings true for several decisions of the Modi government. One such example is the manner in which the government has pushed the unique identity project, despite several Supreme Court orders stating that the Aadhaar...

-The Hindu Why it’s essential that the Supreme Court speedily hears the Aadhaar petitions There are several conflicting accounts of precisely what transpired when senior advocate Shyam Divan made a request late in March for an early hearing of a batch of petitions that question the validity of the unique identification scheme, implemented through the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 — or the Aadhaar...

-The Hindu ‘Time to build consensus on not making such poll promises’ Reserve Bank of India Governor Urjit Patel on Thursday stressed the need for building a national consensus on loan waiver schemes. Addressing a press conference here, he said this was needed so that promises such as loan waivers are not made during elections. “We need to create consensus so that such loan waiver promises are eschewed. Otherwise, sub-sovereign fiscal challenges in...

-The Times of India MUMBAI: Reserve Bank of India governor Urjit Patel has sounded the alarm on state governments waiving farm loans and has called for a consensus on eschewing them to avoid damaging the national balance sheet. Uttar Pradesh chief minister Yogi Aditya Nath recently announced a Rs 36,000-crore farm loan waiver, which could trigger copycat decisions by the Punjab and Maharashtra governments. "It undermines honest credit culture, it impacts credit...