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Rs. 2,143-crore relief for crisis-ridden farmers-T Ramakrishnan

-The Hindu All districts, except Chennai, declared drought-hit; work days under MGNREGS increased to 150 Chennai: Chief Minister Jayalalithaa announced in the Assembly on Friday that all districts in the State other than Chennai would be declared drought-hit and unveiled a host of relief measures that would cost about Rs. 2,143.60 crore, focussing on the crisis-ridden Cauvery delta. Ms. Jayalalithaa said the number of days of work under the Mahatma Gandhi National Rural...

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Bank officials, microfinance institutions cornered benefits of farm loan waiver: CAG report -Pradeep Thakur

-The Times of India The UPA-1's Rs 52,000 crore farm loan waiver scheme is turning out to be a big financial scandal. Out of 1 lakh farm loan waiver accounts audited in 700 bank branches across the country — involving disbursement of Rs 500 crore — about 30% of the waiver amount was allegedly found to have been siphoned off by a nexus of bank managers and microfinance institutions (MFIs). A comptroller...

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How To Waive Crores Goodbye -Lola Nayar and Panini Anand

-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme     2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support”     Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme     Rs 50,000 The loan...

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No More Juice To Squeeze-Panini Anand

-Outlook Hapur: Its benefit to farmers was well touted. The reality of the loan waiver is less creditable. In the early hours of a foggy morning in the sugarcane belt of western Uttar Pradesh, produce-laden bullock carts move about in Rasoolpur village, Hapur district, about 50 km from Delhi. As good a spot as any to gauge the impact of the ambitious loan waiver scheme for farmers announced by the UPA-I...

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No sweetening this bitter pill-K Sujatha Rao

-The Hindu Unless the government regulates the growth of the private sector and makes it accountable, the worn-down public health infrastructure cannot be revitalised The absence of a well thought out policy framework for strengthening the health system is the most important issue facing the health sector in India. In the government, there is no clarity on what the nation’s health system should be 10 years hence. Should it be a public...

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