-Livemint.com Farm loan waivers will strain the finances of states, and harm both farmers and banks over the long run In its policy statement released last week, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) pointed out that the implementation of farm loan waivers across states could hurt the finances of states and make them throw good money after bad, and stoke inflation. How much of an impact will...
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Crop Insurance scheme: 70 lakh covered, says govt; farmer leaders claim 40 per cent left out -Zeeshan Shaikh & Shubhangi Khapre
-The Indian Express Core committee plans to start agitation from August 14 Mumbai: The Maharashtra government said Monday almost 70 lakh farmers out of the total 1.36 crore across the state had registered themselves for the crop insurance scheme this year. The figure almost meets the state target of 78 lakh envisaged in the beginning of the kharif season, even as farmer leaders said 40 per cent farmers could not avail...
More »Govt does not calculate 57 per cent compensation dues to MGNREGA workers: Study
-The Indian Express The study done independently by Rajendran Narayanan of the Azim Premji University said the money the government does not pay rural workers constitutes 57 per cent of the total compensation due to workers. An independent study on 92 lakh MGNREGA transactions across 10 states has found that the central government does not calculate or pay any compensation for a part of the last-mile delay before money reaches bank accounts...
More »The illusion, the reality check -Pranab Bardhan
-The Indian Express Three years after the Modi government assumed office, the promise of job creation is unmet. The demon of corruption is not yet slayed As the triumphal march of the Modi-Shah juggernaut continues, smashing the feckless and disorganised Opposition on its way, it is useful to ponder over at least two of the grand hoaxes of the current regime over the last three years that have been impressively successful with...
More »Social damages might have more lasting impact on economy than wrong policies: Economist Kaushik Basu
-PTI India is a society that is poor, but is respected for its scientific temper and research, and "we should not backtrack on that," the former World Bank chief economist said. Mumbai: Amid a debate over incidents of lynching, noted economist Kaushik Basu has warned that social damages could have a long-lasting impact on the economy than some wrong policy moves, “such as demonetisation”. Delivering the 23rd Lalit Doshi memorial lecture here...
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