-The Hindu The Environment Minister insists on clearing all hydro projects, even when the government itself earlier agreed that the Himalayas must be avoided for development work. A battle of epic proportions between the hydroelectric power companies and the people of Uttarakhand has now culminated with the struggle shifting to the office of the Prime Minister of India. It began with the extraordinary and far-sighted 2014 decision of the Supreme Court in...

-Business Standard Events after a farmer's suicide at an AAP rally encapsulate the state of public discourse on Indian agriculture The spectacle of political one-upmanship, blame, hyperbole (and even some Filmfare-worthy expressions of grief) triggered by the suicide of Gajendra Singh, a young man from Rajasthan at an Aam Aadmi Party rally in New Delhi, perfectly encapsulates the state of public discourse on Indian agriculture today. The discovery that his may not...

-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...

-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...