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In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman

-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...

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Where Indian buffalo meat exports go

-The Indian Express Vietnam is by far the largest importer, data show; it is likely, however, that the bulk of the over 6 lakh tonnes of carabeef shipped to Vietnam finds its way unofficially to China Brazil and India have been vying for the top spot in world beef exports over the past several years. In 2014, India dislodged Brazil from the number 1 slot, according to United States Department of Agriculture...

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Wealth in India: The poor do not count -Manas Chakravarty

-Livemint.com The richest household’s assets are worth much more than that of all the others combined and the same conclusion holds if we take the distribution of rural assets We all know that Credit Suisse reckons that the richest 1% of Indians own 58.4% of the nation’s wealth, up from 36.8% in 2000. What is perhaps not so well-known is that, according to the Credit Suisse report, the bottom 70% of Indians...

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Govt to conduct survey on 'Hilsa' fish to save the species -Mayank Aggarwal

-Livemint.com The National Mission for Clean Ganga has decided to conduct a study on ‘Hilsa’ fish in the Ganga river for its better conservation and management New Delhi: Bangladesh’s Prime Minister Sheikh Hasina has brought 20 kg of ‘Hilsa’ fish as gift for President Pranab Mukherjee during her ongoing India visit but the species has seen a consistent decline in the country. Thus for its better conservation and management, the National Mission for...

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Clarity and facts on the ground -Suhrith Parthasarathy

-The Hindu Why it’s essential that the Supreme Court speedily hears the Aadhaar petitions There are several conflicting accounts of precisely what transpired when senior advocate Shyam Divan made a request late in March for an early hearing of a batch of petitions that question the validity of the unique identification scheme, implemented through the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 — or the Aadhaar...

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