-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...
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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...
More »Chilli farmers in Telangana, AP see red -KV Kurmanath
-The Hindu Business Line With bumper crop halving PRIces, traders are refusing to lift stocks Hyderabad: Chilli farmers in Telangana are in a belligerent mood as PRIces plummeted by more than half. With the State witnessing a bumper crop, the markets are flooded with the produce. As traders are refusing to lift the produce at a remunerative PRIce, huge stocks are piling up at the market yards at Khammam, Warangal and in...
More »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...
More »NITI Aayog begins business without action plan -Jitendra
-Down to Earth Will the Aayog's vision be any different than the top-down approach of its predecessor, the Planning Commission? WITH THE end of the 12th Five Year Plan on March 31, India’s 65-year tryst with five-year economic development planning has come to an end. In 2014, when the National Democratic Alliance government scrapped the Planning Commission and replaced it with the National Institute of Transforming India (NITI) Aayog, it announced...
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