-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...

-Livemint.com The richest household’s assets are worth much more than that of all the others combined and the same conclusion holds if we take the distribution of rural assets We all know that Credit Suisse reckons that the richest 1% of Indians own 58.4% of the nation’s wealth, up from 36.8% in 2000. What is perhaps not so well-known is that, according to the Credit Suisse report, the bottom 70% of Indians...

-The Hindu Business Line Karnataka, the first State to formulate an organic farming policy way back in 2004, has stepped up measures to spread the concept among farmers in recent years. Also, it has been working on rebuilding farmers’ Interest in millets through incentives such as guaranteed buy-back and a bonus over the minimum support price. To provide market linkages to the over 1 lakh organic farmers in the State, the Karnataka government...

-Scroll.in Errors in linking Aadhaar to bank accounts under MNGREGA has meant many workers are going unpaid. It is easy to wake a person who is sleeping, but difficult to wake someone pretending to be asleep. This aphorism rings true for several decisions of the Modi government. One such example is the manner in which the government has pushed the unique identity project, despite several Supreme Court orders stating that the Aadhaar...

-The Economic Times blog In December 1956, Zhou En Lai, the Chinese premier and, after Mao, the second mostpowerful man in China, created much consternation by refusing to leave his meeting at the National Sample Survey Organisation (NSSO) office at the Indian Statistical Institute (ISI) in Kolkata. He was talking to Prasanta Chandra Mahalanobis, the founder of the institute, and one of the pioneers in the field of survey methods. Zhou was...