-Livemint.com Kerala govt’s aim is to build 500 sq. ft houses costing Rs4 lakh each, for which the state has tweaked the centre’s housing programme, the Pradhan Mantri Awas Yojana Bengaluru: Building free houses for all the homeless in Kerala -- more than half-a-million at last count -- is one of the flagship projects of the Communist government. A cabinet meeting held on Tuesday night offers glimpses into the project’s nitty-gritty. The aim...
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The rising agrarian distress in India -Jayati Ghosh
-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...
More »India's wilful defaulters owe more than Rs 1 lakh crore to banks -Atul Thakur
-The Times of India NEW DELHI: As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as “wilful defaulters”, that is those who are unwilling to pay despite having the capacity to do so. TOI analysed more than 9,000 such accounts for which banks have filed lawsuits for recovery and found that the top 11 debtor groups, each with dues of...
More »Loan waiver to bonus payments, poll-bound states target farmers -Deep Mukherjee & Milind Ghatwai
-The Indian Express While Rajasthan Chief Minister Vasundhara seeks to recover from the recent disastrous bypoll where the BJP lost two Lok Sabha seats and an assembly seat to the Congress, MP’s three-time CM Shivraj Singh Chouhan aims to mitigate three-time anti-incumbency. From crop loan and land revenue waivers to bonus payments and free crop storage, Rajasthan and Madhya Pradesh announced a slew of sops Monday targeting farmers and rural voters...
More »The formal-informal divide -Puja Mehra
-The Hindu The slowdown in private investments is visible chiefly in the informal sector, not the corporate sector It is now well recognised that there is an investment slowdown in India, which is delaying a full-blooded recovery in the economy. Private investments, the principle engine of growth, are out of steam. The fall is so severe that it has more than offset the government’s macroeconomic stimulus of increased public investments. The slowdown started...
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