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Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan

-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...

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Betrayal In The House -Anjali Bhardwaj & Amrita Johri

-The Indian Express Lokpal amendments underline the resistance of political class to scrutiny The Lokpal Act passed more than two and a half years ago has not been operationalised till date. The reason? The law states that the panel to select the Lokpal must include the recognised leader of opposition. Since the BJP government has not recognised anyone as the LoP, an amendment was required to ensure that the leader of the...

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NGO staff: public servants or private citizens? -G Sampath

-The Hindu They may not need to file returns of their assets for now, but they remain under the ambit of the Lokpal Act New Delhi/ Chennai: Bowing to demands from various quarters — NGOs and political, corporate and philanthropic institutions — the Centre swiftly moved an amendment to address concerns arising from the mandatory declaration of assets and liabilities under the Lok Pal and Lokayukta Act, 2013. While the amended Act continues...

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Lax norms linked to banking fraud: CAG

-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...

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A greater focus on farmer welfare -Purvi Mehta

-Livemint.com There is an emphasis on increasing farm productivity, but this might not always align with greater profitability While inaugurating the Krishi Mela at the Indian Agricultural Research Institute in March, Prime Minister Narendra Modi appealed for a “three-pillared” approach to farming, which included crop farming, agro forestry—that is, planting timber trees along farm peripheries—and animal husbandry. This is an important enunciation of how Indian agriculture works as an integrated system in...

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