-The Hindu Various steps need to be taken to strengthen social audits “A good auditor is a good listener” said President Ram Nath Kovind during his recent speech at the 29th Accountants General Conference. “You will not only see the accounts in their books, but also listen to their accounts,” he said. It is only when this conception is accepted that audits will return to their democratic roots, and social audits in...
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Kamal Nath waives farm loans up to Rs. 2 lakh after assuming office as MP Chief Minister
-PTI Congress had promised during the poll campaign that if it wins, it would implement farmers’ loan waiver within 10 days of coming to power. Bhopal: Loans up to Rs. 2 lakh of Madhya Pradesh farmers will be waived, with Kamal Nath on Monday signing a file to this effect soon after he was sworn in as the State’s 18th Chief Minister on December 17. After Mr. Nath signed the file, Principal Secretary...
More »Agrarian distress: Income support to farmers better option than loan waivers -Soumya Kanti Ghosh
-Financial Express Income support for farm households may be a worse solution than freeing up agri trade and marketing, but it should work much better than loan waivers. When the new MSP regime was implemented in July, one of the common fears in the market was that the hikes would stoke inflation fears. Four months down the line, not only does this fear seems to have subsided, but serious concerns are now...
More »Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must -Prasanna Mohanty
-Firstpost.com The first reaction of the Bharatiya Janata Party-led Central government after the party's debacle in the Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan seems to be to waive farm loans, which is a telling comment on the state of the agrarian distress in India and the need to pay immediate attention to the crisis. This was expected, too, since 90 percent of the rural constituencies in Madhya Pradesh...
More »Promising the moon, but will they deliver?
-Livemint.com Taking a cue from election results, political parties may announce more farm loan waivers but this will do little to fix the persistent distress in rural households The drubbing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections in Madhya Pradesh, Rajasthan and Chhattisgarh has proved beyond doubt that all isn’t well in India’s hinterland. An analysis of the poll results in these three states show that the...
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