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SC asks RBI for details of firms that have defaulted on loans of over Rs 500 crore -Shreeja Sen

-Livemint.com The Supreme Court has asked RBI to submit the information within six weeks New Delhi: The Supreme Court (SC) on Tuesday asked the Reserve Bank of India (RBI) to furnish details of companies that have defaulted on loans amounting to more than Rs.500 crore in sealed covers within six weeks. The court made the central bank a party to a 2005 case related to Bad Loans advanced to a few companies...

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An election less democratic -Kirti Singh

-The Indian Express Haryana panchayat poll outcome does not reflect the state’s social composition The panchayat elections in Haryana have yielded results drastically different from previous elections. This is because a large number of persons were barred from contesting these elections due to educational and other disqualifications introduced through amendments by the Haryana assembly in September last year. In the widely criticised Rajbala and others vs State of Haryana judgment, the Supreme...

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Agriculture has high hopes from this Budget

-Business Standard Govt should revamp agricultural marketing to increase farmers' earnings and amend land-leasing laws Finance Minister Arun Jaitley has met farm sector representatives for pre-Budget consultations at a time Indian agriculture is passing through a bad patch - especially because of two years of consecutive drought. Predictably, therefore, most participants pitched for more credit on soft terms, higher minimum support prices (MSP) for crops and the expansion of irrigation facilities to...

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Bundelkhand is ringing an alarm. Is anyone hearing? -Pankaj Srivastava

-GovernanceNow.com A survey in drought-hit Bundelkhand paints a startling picture of farmers in distress Bundelkhand, the land of famous warriors Alha and Udal, is entrapped in an unending battle. But unlike 1857, today there is no ‘harbola’ to tell the stories of sacrifices. Then, Subhadra Kumari Chauhan wrote, “Bundele harbolon ke munh hamne suni kahani thi, khoob ladi mardani voh to Jhansi wali rani thi (from the mouths of storytellers of...

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No food for cultivators -Devinder Sharma

-DNA When it comes to farmers, the government has precious little to offer The monsoon season is over. With 14 per cent shortfall in the amount of rains, and with nearly 39 per cent of the cropped area in the country hit by a crippling drought, I was expecting the Reserve Bank of India governor Raghuram Rajan to announce a series of monetary benefits and exemptions in credit repayments for farmers....

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