-Frontline.in The government ought to have specified its definition of cost of crop production in the Budget to prevent any confusion in the minds of people on minimum support prices. Speaking at the Krishi Unnati Mela 2018, Prime Minister Narendra Modi reportedly complained that confusion was being spread about the announcement on minimum support prices (MSPs) made in the Finance Minister’s 2018 Budget speech. The speech had assured farmers that they would,...
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Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch -Sunny Verma & Sandeep Singh
-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...
More »How Kerala plans to give free houses to homeless people -Nidheesh MK
-Livemint.com Kerala govt’s aim is to build 500 sq. ft houses costing Rs4 lakh each, for which the state has tweaked the centre’s housing programme, the Pradhan Mantri Awas Yojana Bengaluru: Building free houses for all the homeless in Kerala -- more than half-a-million at last count -- is one of the flagship projects of the Communist government. A cabinet meeting held on Tuesday night offers glimpses into the project’s nitty-gritty. The aim...
More »National Income in India: What's really growing? -CP Chandrasekhar and Jayati Ghosh
-Macroscan.org Recent income growth in India has been dominated by sectors that do not reflect real physical output increases – such as finance, insurance and real estate and public administration and defence. Please click here to access the entire article. * This article was originally published in the Business Line on February 27, 2018. ...
More »Ravi Chopra, Environmentalist and water management expert, interviewed by Arif Hussain (TheWire.in)
-TheWire.in Environmentalist and water management expert Ravi Chopra says river inter-linking will sow the seeds for future conflicts between states. There is nothing new about the proposed river-interlinking project being pushed by the government, and this ‘unnecessary excess’ of a project will create more problems than it promises to solve, says environmentalist and water management expert, Dr Ravi Chopra, the director of People’s Science Institute, Dehradun and a managing trustee of the...
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