-The Hindu Flight tickets are often cheaper than train fares on these services thanks to the flexi fare system Railway Minister Piyush Goyal’s announcement last week that the public transporter was reviewing the scheme of flexi fares introduced in September last year reflects the paradox of a surge in railway revenue even as premium trains run with vacant seats. While Railway revenues have surged by Rs. 500 crore in the one year since the...
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Modi's Saubhagya Yojana: Repackaging an Already-Repackaged Scheme -Ravi Nair
-TheWire.in In addition to “launching” a scheme that basically already existed, the prime minister’s claim that his government has a good record on rural electrification contradicts the data. Prime Minister Narendra Modi this week announced a reportedly brand new scheme to electrify all villages in India and to provide electricity to all by the end of 2018. The scheme was called the Pradhan Mantri Sahaj Bijli Har Ghar Yojana or ‘Saubhagya’ intiative....
More »Farmers' protests shake Narendra Modi's 2019 bid as Indian economy slows -Archana Chaudhary
-Livemint.com For Narendra Modi, the protests involving hundreds of thousands of farmers highlight his struggle to deliver on the promises that swept him to power New Delhi: Anger over falling farm incomes has spilled onto streets across a swathe of India’s largest states as farmers struggle with food price deflation and a breakdown of the informal agriculture economy. For Prime Minister Narendra Modi—already grappling with a sharp economic slowdown and looming job cuts...
More »Small firms flounder post demonetisation, on GST: RBI study
-The Indian Express The RBI which studied the results of 2,726 non-government and non-financial companies said the overall EBIDTA of these corporate showed a 0.2 per cent increase. However, net profit declined by 6.9 per cent even as sales improved by 7.2 per cent. Mumbai: Small companies are finding the going tough with sales and profits taking a big beating in the wake of demonetisation and implementation of Goods and Services Tax (GST)....
More »Cattle and cash curbs stoke farm revolt -Arnab Ganguly
-The Telegraph Sikar (Rajasthan): A 13-day agitation by Rajasthan's farmers, joined by about 100 disc jockeys with sound systems blaring, has forced the Vasundhara Raje government to agree to loan waivers up to Rs 50,000 and payment of the full minimum support price. Some 15,000 farmers had gathered at a mandi in Sikar town, 115km from Jaipur, on September 1 and by the time the government buckled on September 13 night, their...
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