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Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija

-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...

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Direct transfer, 2 lakh sale points: Big fertiliser subsidy reform rollout in June -Harish Damodaran

-The Indian Express Under the proposed system, payment of subsidy is to be based on weekly settlement of claims from actual sales data captured on POS machines. Buoyed by its landslide win in the recent Uttar Pradesh assembly elections, the Narendra Modi government has decided to fast-track the implementation of the direct benefit transfer (DBT) system for payment of fertiliser subsidy to farmers. From the coming kharif season, beginning June, the Rs...

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Farm loan waiver is no solution to farmers' woes -Tamal Bandyopadhyay

-Livemint.com The focus should be more on making the prime minister’s crop insurance scheme a success than demanding farm loans waivers from banks Last week, the Indian National Congress at the Maharashtra assembly submitted a breach of privilege notice against State Bank of India chairman Arundhati Bhattacharya for “insulting farmers and the House” by her remarks on farm loan waiver. The leader of the opposition in the state assembly, Radhakrishna Vikhe Patil,...

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Letters for 2 years, SOS to PM, Election Commission still awaits EVM papertrail funds -Ritika Chopra

-The Indian Express VVPAT machines produce a printout of the vote cast using an EVM, which can be shown to the voter to dispel any doubts IN A letter to Prime Minister Narendra Modi four months ago, the Election Commission sought urgent release of funds to procure enough Voter Verified Paper Audit Trail (VVPAT) machines to cover all polling stations ahead of the next Lok Sabha elections in 2019. The EC has...

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Punjab: High debt level, at Rs 1.25L crore, a major challenge for new government

-The Indian Express One of the key issues that any incoming government in Punjab has to immediately grapple with is high state debt estimated at Rs 1.25 lakh crore in the last year’s budget. A clutch of other key reforms such as improving land allotment process and streamlining property registration would also need the attention of the new government. Punjab has steadily accumulated the debt over the years, resulting in its...

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