-TheWire.in Why is Rs 1.84 lakh crore a "frightening challenge" for banks, but Rs 10.17 lakh crores not? The great farm loan waiver debate is back. The Congress kicked it off this time with the announcement of waivers in the newly-elected governments of Chhattisgarh, Madhya Pradesh, and Rajasthan. This was followed up by similar announcements from BJP-ruled Gujarat and Assam. Rahul Gandhi even went onto to demand a nation-wide farm loan waiver from...
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Finance ministry has a poor forecasting record -Sharmadha Srinivasan, Prakhar Misra and Niranjan Rajadhyaksha
-Livemint.com Given the over-optimistic revenue estimates and under-budgeted expenditure, the FinMin’s budget projections should be taken with a pinch of salt Dark clouds are gathering over the fiscal horizon. Finance minister Arun Jaitley will table an interim budget on 1 February—just weeks before India goes to polls. There’s a growing consensus among analysts that the government will miss its revenue target for the year, largely because the collections from the goods and services...
More »Explained: Why farmers in the sugar bowl of Western Maharashtra are angry -Parthasarathi Biswas
-The Indian Express Farmers protested violently over the weekend in support of their demand for a one-time payment of the fair and remunerative price. Ballooning cane dues could become a major issue as LS polls near. Pune: Sugarcane farmers in western Maharashtra Monday called off their violent four-day-old agitation, giving sugar mill owners and the government two weeks to find the money to pay them their full dues. The agreement was...
More »Worst price slump in 18 years shows scale of farm crisis -Roshan Kishore
-Hindustan Times The agrarian crisis is one of the factors that may have resulted in the BJP’s loss in three Hindi heartland states of Chhattisgarh, Rajasthan and Madhya Pradesh in December, according to analysts, and the party clearly doesn’t want it to affect its prospects in the 2019 parliamentary elections. New Delhi: This financial year, 2018-19 could end up being the worst year for farm incomes in almost two decades, government data...
More »States vs central health scheme -Abantika Ghosh
-The Indian Express West Bengal has withdrawn from flagship programme PMJAY, joining 3 other states that have stayed out. What are the reasons behind the states’ reluctance; what could this mean for the programme’s future? New Delhi: On Thursday, West Bengal Chief Minister Mamata Banerjee announced that her state is withdrawing from Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PMJAY). Delhi, Telangana and Odisha have stayed out of the programme, while reports...
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