-Hindustan Times First came demonetisation. Then, as banknotes slowly returned to circulation, a crackdown on illegal slaughterhouses in the state wrecked the local market for cattle. In Ilyas Khan’s eyes shine the pride of a grand past that give way to the clouds of an uncertain future. Two decades ago, the Thursday cattle market he runs in western Uttar Pradesh’s Banat saw traders troop in from faraway Delhi and Bihar. Today, the...
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100 days of Yogi: Adityanath falters on law and order promise in Uttar Pradesh as crime spikes -Prashant Jha and Rajesh Kumar Singh
-Hindustan Times But the Uttar Pradesh government isn’t panicking yet, and believes it can get things under control with tough measures, including encounters. Lucknow: A petrol pump owner looted; a trader murdered; jewellery shops robbed; a political leader killed; a constable shot; four members of a family -- including two girls -- hacked; a police sub-inspector beaten up; caste clashes erupt. Glance through local newspapers of Uttar Pradesh, and the headlines would be...
More »Why bumper harvests spell doom -Ashok Gulati & Prerna Terway
-The Indian Express With a glut in agricultural production, prices have fallen below MSPs. The government needs to get the agri-market right to address the farm crisis The farmers’ protests in Madhya Pradesh (MP) and Maharashtra indicate that all is not well on the economic front, especially agriculture. If such unrest could happen in MP, which claims to have registered the fastest agri-GDP growth at 9.7 per cent per year during...
More »Why loan waivers won't fix India's agriculture woes -Milind Murugkar
-The Economic Times Yogi Adityanath’s government in Uttar Pradesh opened a Pandora’s box of loan waivers and there seems to be no stopping it. The BJP, perceived by many as a reformist party committed to addressing chronic structural issues, is taking populism to new heights. Loan waivers could prove to be a huge drain for the exchequer and might deal a blow to the creation of much-needed infrastructure in agriculture. The chief...
More »The loan-waiver mountain -Jayanta Roy Chowdhury
-The Telegraph New Delhi: If the Narendra Modi government caves in and grants a nationwide farm loan waiver, the tab could surge to a whopping Rs 3 lakh crore, dwarfing the UPA's initiative in 2008 that cost a little over Rs 52,000 crore. "We have warned that the exchequer will go bust if we grant a general amnesty on farm loans, which will cost over Rs 3 lakh crore," a senior finance...
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