-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...

-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse. Timely government intervention...

-NDTV During arguments in court, Former coal secretary HC Gupta had claimed that then Prime Minister Manmohan Singh had given the "final approval" in the case. New Delhi: A judgment which convicted three former coal ministry officials for corruption in one of the cases related to the coal scam on Friday has also given a huge relief to former Prime Minister Manmohan Singh, who was in charge of the coal ministry...

-The Hindu Court defers petition to June 27 for omnibus hearing The Supreme Court on Friday refrained to order an interim stay on a series of government notifications requiring citizens to have Aadhaar by June 30, 2017, to equally access benefits and entitlements, even as the Centre denied imposing any such ‘deadline” to force people to get Aadhaar. The government was responding to a petition challenging 17 notifications issued by various government departments...

-The Hindu Business Line In the Cauvery delta’s worst drought in 140 years, a padyatra brings home the harsh realities of how Tamil farmers are living on the edge and what sustains their resilience A farmer sells his sugar cane to the local public sector sugar mill, where he is mandated to sell his crop. Instead of paying, the factory hands him a slip of paper. Eighteen months pass by and he...