-The Times of India NEW DELHI: About 28 two-wheeler riders died daily on Indian roads in 2016 for not wearing helmets and another 15 for not fastening their seatbelts, according to an analysis of data shared by states with the transport ministry. The year was the deadliest with 31 people dying in every 100 road accidents. It has steadily increased from 21.6 deaths per 100 accidents in 2005 to 29.1 in 2015. This...
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Economy will decelerate if States resort to farm loan waivers
-The Hindu Business Line Total burden could swell to Rs. 2.7 lakh cr New Delhi: Farm loan waivers could be detrimental to the economy as they could reduce aggregate demand by 0.7 per cent of GDP, imparting a significant deflationary shock to the economy, the Survey said. There is visible farm stress, even though it is not as widespread as it is made out to be, the Survey said, adding that the drastic...
More »Import talk halts onion price surge -Rahul Wadke and Vishwanath Kulkarni
-The Hindu Business Line Mumbai/ Bengaluru: As talk of onion imports gains ground, the price rally in the bulb in recent days seems to be ebbing. Wholesale prices of onions across major markets in Maharashtra, such as Lasalgaon, Pimpalgaon and Niphad, have witnessed a decline in the last two days. In Pimpalgaon, where arrivals stood at 2,500 tonnes on Friday, the modal prices dropped by a fifth to Rs. 2,000 per quintal...
More »Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan
-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...
More »Allow cops to raid homes for beef, Maharashtra urges SC -Dhananjay Mahapatra
-The Times of India NEW DELHI: In a surprise move unmindful of the huge controversy it had sparked, the Maharashtra government has moved the Supreme Court seeking revival of a provision of law that made it an offence to carry or keep beef at home in the state. More than a year ago, the Bombay high court had doused protests against the beef ban by striking down Section 5D of the Maharashtra...
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