-The Times of India NEW DELHI: The government cleared the decks for a fully paper trail-based parliamentary poll on Wednesday, with the Union Cabinet approving release of funds to the Election Commission for procuring 16.15 lakh voter verifiable paper audit trail (VVPAT) units in time for the 2019 general election. The expenditure of Rs 3,173 crore on the VVPATs will be split over two financial years, 2017-18 and 2018-19. If the EC...
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Need to buy VVPAT machines without further delay for 2019 Lok Sabha polls: CEC to government -Bharti Jain
-The Times of India NEW DELHI: The Election Commission has sent a fresh reminder to the law ministry seeking "urgent" sanction of funds for procurement of voter-verifiable paper audit trail (VVPAT) in time to hold the 2019 Lok Sabha Elections with new-age EVMs. In a letter written to law minister Ravi Shankar Prasad on March 22, Chief Election Commissioner Nasim Zaidi reiterated that the order for supply of VVPAT needed to be...
More »The politics and economics of farm loan waivers -R Sukumar
-Livemint.com Farm loan waivers are a bad idea. They were a bad idea in 2008 when the UPA was in power, and continue to be so in 2017 with the NDA in power Several parts of India are in the grip of an agrarian crisis. In part, this is because of the cumulative effect of bad monsoons. Farmers in many parts of India are still dependent on the annual rains which were deficient...
More »Prelude to a contagion -Ashok Gulati & Siraj Hussain
-The Indian Express UP’s farm loan waiver could prompt other states to follow suit, evade real reasons for agricultural distress The new Uttar Pradesh Chief Minister, Yogi Adityanath, has hit the ground running. In his first cabinet meeting, he took three important decisions with regard to farmers. First, he waived farm loans of more than Rs 36,000 crore, primarily of the small and marginal farmers who comprise 92 per cent of the...
More »RBI chief hits out at farm loan waiver
-The Hindu ‘Time to build consensus on not making such poll promises’ Reserve Bank of India Governor Urjit Patel on Thursday stressed the need for building a national consensus on loan waiver schemes. Addressing a press conference here, he said this was needed so that promises such as loan waivers are not made during Elections. “We need to create consensus so that such loan waiver promises are eschewed. Otherwise, sub-sovereign fiscal challenges in...
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