-The Hindu The Compensatory Afforestation Fund is a deeply flawed and unjust mechanism Last month, Minister of State for Environment, Forests and Climate Change Mahesh Sharma informed Parliament that his Ministry has collected over ?50,000 crore in a Central compensatory afforestation fund (CAF). This money is to be used though the Compensatory Afforestation Fund (CAF) Act, 2016 or CAF, a purported mechanism to offset forest loss. Before issuing forest clearances to a...
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Farmer support: Centre looking to spend Rs 200-250 bn on MSP procurement -Sanjeeb Mukherjee
-Business Standard Decision likely soon, states will be free to adopt one or more of the models suggested New Delhi: The Central government is looking at spending a minimum of Rs 200-250 billion initially along with the states in ensuring that farmers get the benefit of Minimum Support Price (MSP) either through direct procurement of goods or a system of Price Deficiency Payment on the lines of Madhya Pradesh’s Bhawaantar Bhugtan Model. Officials...
More »Central Vigilance Commission wants to keep an eye on private banks -Vikas Dhoot
-The Hindu Asks PMO to frame law for it The Central Vigilance Commission (CVC) has urged the Prime Minister’s Office to bring private sector banks under its watch, citing the fact that they have been involved in many recent instances of malfeasance. Vigilance officers in all State-owned public sector banks are required to report irregularities and possible wrongdoing to the CVC, India’s apex body for checking corruption in the government. Private sector banks...
More »Summer of discontent: water crisis looms in Gujarat -Mahesh Langa
-The Hindu Irrigation supply stopped on March 15; drinking water is also inadequate AHMEDABAD: Summer has just set in but Gujarat is already facing a water shortage. And it will only worsen in the next two months as the State’s main water sources like the Narmada dam, and dozens of other dams and reservoirs, are going dry. Ironically, Gujarat is faced with the crisis despite copious rains last monsoon. The government has assured...
More »Why do farmers go marching? -Aarati Krishnan
-The Hindu Farm distress is increasingly being triggered by excess output and falling prices, but policy fixes are yet to address this Why are Indian farmers perpetually in revolt? The question has been raised by many after the recent farmers’ march to Mumbai and simmering rebellions across the States in recent years. No doubt, agriculture is one segment of the economy on which vote-conscious governments haven’t skimped on outlays. Over the years, Central...
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