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Farm loan waivers lead to fewer crop insurance policies -Prabhudatta MIShra & Prasanta Sahu

-Financial Express Implementation of farm loan waivers by various state governments has led to a sharp decline in both the number of insurance policies and the farm area insured under the Pradhan Mantri Fasal Bima Yojana (PMFBY). According to data gathered by FE, during kharif 2018 (the harvesting of the crop is on), the number of insured loanee farmers under PMFBY was just over 2 crore, compared with 3 crore such...

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Jean Dreze, development econoMISt, interviewed by G Sampath (The Hindu)

-The Hindu The Indian education system would be a good place to start with reforms, says the development econoMISt Jean Drèze is possibly the world’s most famous Belgian-Indian. He has lived in India since 1979, and is an Indian citizen. As a development econoMISt and activist, he has helped draft some startlingly pro-people legislations, such as the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, and the National Food Security Act, 2013....

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Agency to look at Aadhaar information only in public domain: UIDAI - Ananthakrishnan G

-The Indian Express The Authority termed allegations of “surveillance and violation of privacy rights” as “totally MISplaced”. Trying to allay fears about its plans to hire a social media agency to gauge public sentiments on Aadhaar in the social media, the Unique Identification Authority of India (UIDAI) has told the Supreme Court that the proposed agency will only look at publicly available information on Aadhaar, and will have no access to private...

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Urban Only In Name -Sama Khan

-The Indian Express One-fourth of the urban population lives in these small towns (20,000 to 1,00,000 population). These 7 crore people need amenities to match up to their ‘urban’ status. Many of these towns may not be in the vicinity of big cities. Small towns in India are something of an oxymoron. They are far removed from cities in character and appearance and are constantly struggling to establish their “urbanness”. A...

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Factors underlying the Centre-RBI conflict -Narendar Pani

-The Hindu Business Line Realising that DeMo pulverised MSMEs, an anxious Centre wants to hurriedly make amends. But loan disbursals may not help The spat between the government and the RBI is primarily in the realm of macroeconomic issues like the size of the reserves the central bank should hold and the methods of monitoring loans that could go bad. Yet, the political intensity of the government’s moves cannot be MISsed. Apart from...

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