-The Hindu Business Line Bankers call for a coordinated approach to deal with the stressed loans issue New Delhi: The RBI’s revised framework for stressed loans may prove to be disastrous and seems ill timed for an economy that is just recovering from twin policy blows of demonetisation and GST implementation. Though there are long-term benefits of administering such a bitter pill, the short-term risks are significant, say bankers. “This (revised NPA framework) is...
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Aadhaar that doesn't exclude -Ashok Kotwal & Bharat Ramaswami
-The Indian Express Biometric authentication by PDS dealers defeats the unique identity scheme’s purpose. An aborted scheme in Madhya Pradesh that relied on once-in-a-year authentication can curb exclusion errors. Aadhaar is in the news today partly because of security concerns and partly because of reports that the poor are unable to receive PDS rations because of failures in Aadhaar authentication. Here, we will focus on the latter with an eye to look...
More »Govt keeps stepping in to drive down prices of onions; farmers ask what about us -Parthasarathi Biswas
-The Indian Express Nashik, Maharashtra; In state producing most onions, 60% grown here Nashik: As Santosh Gorade, 38, tends to his 3.5 acres of onion crop, he says he will do this for “maximum six-seven years more”. After that, the farmer from Takli Vinchur village in Nashik plans to get out of farming. “It’s too volatile and market forces are always against us,” he sighs. Under no circumstances, he adds, does he...
More »Sustaining the Amma Unavagams (The Hindu)
-The Hindu Five years after the first canteen came up, the future of the pet project of the then Chief Minister Jayalalithaa hangs in balance due to reports of fall in patronage and mounting losses borne by civic bodies. Budgetary support and operational reforms may be necessary for a course correction Sekar. D was observing this newspaper’s team of reporters as he sat cross-legged on the tiled floor. Then, he abandoned his...
More »Health Budget Could Have Been About People, But Now It's About Markets -Ravi Duggal
-TheWire.in The Budget speech pitch of ‘Swastha Bharat’ as ‘Samridha Bharat’ is deception, because the allocation for realising that is missing. Each year when the Budget is tabled in parliament, there is excitement and expectations. Should we say this used to be? Things have changed dramatically over the years. In the good old days, during the Budget session, we would wait excitedly to know about the price hike in petrol, diesel and kerosene....
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