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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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31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani

-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural banking. A parliamentary panel that probed the state of rural, agricultural banking found that a mere 17% rural household had taken...

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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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NGOs have to register with NITI Aayog for grants -Anuradha Raman & Puja Mehra

-The Hindu New Delhi: Stepping up its scrutiny of NGOs, especially their financial dealings, the Centre has made obtaining unique identification numbers and registering them on the NITI Aayog portal, including the details of the Aadhaar and PAN numbers of all their trustees and office- bearers, mandatory for them to apply for grants from any ministry. The decision was taken by the Aayog at its meeting on May 9, which Prime Minister...

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