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GDP: The slide stops with 6.3% growth but old problems remain -Sanjiv Shankaran

-The Times of India NEW DELHI: The highlight of the gross domestic product (GDP) data for July-September quarter is the overall growth rate of 6.3 per cent, the first time pace of economic growth has increased in six quarters. It suggests that the marked slide we witnessed over the last year has finally stopped. However, a look at the disaggregated data shows that the economy is still struggling. A comparison of the...

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Concern over bail-in -Jayanta Roy Chowdhury

-The Telegraph New Delhi: Politicians of various stripes have started to raise red flags about a provision in a bill that the Narendra Modi government intends to move in the Lok Sabha in the upcoming winter session, which could theoretically allow beleaguered banks and financial institutions to scoop up depositors' money to stop them from going bust. It is called a "bail-in" - a concept coined during the European banking crisis of...

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UIDAI orders probe against Bharti Airtel -Pankaj Doval

-The Times of India NEW DELHI: Authority of India (UIDAI) has ordered an investigation against Bharti Airtel for alleged violations of the Aadhaar Act and is threatening to slap a financial penalty for opening Airtel Payments Bank accounts of customers surreptitiously while carrying out Aadhaar verification of their mobile numbers. The probe against the company was ordered after complaints of prima facie violations were found to be valid, sources told TOI. "The...

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The permanent debt trap of Gujarat -Rutam Vora

-The Hindu Business Line Farmers have been borrowing from banks to repay lenders and reversing the cycle Ahmedabad: In the Saurashtra region of Gujarat, a saying goes: “A farmer is always indebted. He is born in debt and dies with a debt. What matters is how he manages this debt in his life.” There is a skew in Gujarat’s water resource distribution. Saurashtra covers 31 per cent of the State’s landmass but gets...

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Farm policies for India -Ajay Vir Jakhar

-The Indian Express Union government must address structural issues in agricultural policy, allow states greater autonomy. Farmers from across the country are out on Delhi’s streets agitating just as the deliberations for the 2018 budget are beginning and it’s time to seek solutions to the structural issues that plague the system. The “one-size-fits-all” policy created for the farm sector is self-destructive in design and programmes meant to double farmer incomes are collapsing. The...

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