-The Hindu Business Line Eleven years since its inception, the State’s farmer’s debt relief commission has quietly eased the burden of debt on poor farmers, and grown to be a model worth emulating Earlier this week 35,000 debt-ridden farmers coursed through Maharashtra, walking 180 km on blistered soles, to converge at Mumbai’s Azad Maidan demanding freedom from debt and fair compensation for their produce. As the government scrounged for solutions, it could’ve...
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Economists Hit Out Against Move to Privatise Public Sector Banks
-TheCitizen.in Banking needs reforms not privatisation NEW DELHI: The scale of the recent bank scams and the potential losses faced by banks holding non-performing loans given to some large companies and individuals, has shocked all of us. However, we are concerned to note that this has become an excuse to demand the privatisation of publicly held banks. While it is true that the current scam involves Punjab National Bank, the second largest public sector...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Triple Talaq Bill in Lok Sabha: The 6 Questions that MP Sumitra Dev Asked Law Minister Prasad -Seema Mustafa
-TheCitizen.in Govt admits no stakeholders consulted; Opposition parties demand Bill deferred to a Standing Committee NEW DELHI: The debate in the Lok Sabha over the Triple Talaq Bill that criminalises the practice with a three year, non Bailable prison term, for the erring Muslim husband belonged to Congress MP Sushmita Dev from Assam. After her senior leader Maillkarjun Kharge, had assured the BJP that the Congress was supportive of the Bill, but...
More »Time to go to FRDI Bill's roots -Rajrishi Singhal
-Livemint.com Controversy around the Bail-in clause aside, FRDI Bill’s clauses 58 and 62(1) regarding governance of a firm declared critical are inherently conflicting Much has been said and written about the Financial Resolution and Deposit Insurance Bill, 2017. The FRDI Bill was scheduled for discussion in Parliament this winter session but will now have to yield to more immediate concerns such as the Gujarat election results and the Central Bureau of Investigation...
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