-The Telegraph Chandigarh: Farmer Balwinder Singh from Patiala had taken a loan of Rs 41,700 from a cooperative bank. When he received his loan-waiver CERTificate from the Punjab government on Sunday, the amount waived was mentioned as Rs 7. On a day chief minister Amarinder Singh launched the loan-waiver scheme in Chandigarh to help distressed farmers, many across the state alleged only a fraction of their debts had been written off. While Balwinder...
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Expect a Budget for angry Bharat -TV Jayan and Rutam Vora
-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when agriculture growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...
More »Anxieties of the dominant -Christophe Jaffrelot & Kalaiyarasan A
-The Indian Express At the root of the insecurities of Marathas, Jats and Patels lies lack of education and employability The recent clash in Pune district between the Mahars and Marathas reflects the anti-Dalit prejudice of the latter, but it needs to be analysed in the context of the changing status of dominant castes, not only in Maharashtra but across India. The claims of Patels, Jats and Marathas to be considered as...
More »New territory, says Arun Jaitley as House passes Insolvency Bill -Rahul Tripathi
-The Indian Express Over-inclusive, says Chidambaram, it keeps out even those convicted of non-financial crime As Rajya Sabha cleared the Insolvency and Bankruptcy Code Amendment Bill Tuesday, Finance Minister Arun Jaitley said the government has entered unchartered territory and would continue to modify the law. “Insolvency and bankruptcy is an area in which it is only in recent years that we have chartered into. It is a learning experience,” Jaitley said in...
More »Punjab's farm loan waiver: Disquiet in Congress over party leaders being ignored in selection of beneficiaries -Kanchan Vasdev
-The Indian Express The state government has decided to roll out its scheme from Mansa on January 7 under which loans worth Rs 170 crore would be waived off formally. Punjab Chief Minister Amarinder Singh would be handing over the CERTificate to the farmers. Chandigarh: Punjab government’s farm loan waiver, which is to be rolled out to 40,000 farmers from five districts in Malwa on January 7, has many Congress leaders fuming...
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