-The Telegraph Funding small entrepreneurs will require more bank loans, preferably collateral-free, which will generate more NPAs The government has been compelling banks to adopt a softer lending policy to promote self-employment. The Pradhan Mantri Mudra Yojana, launched in 2015, provides collateral-free loans to small entrepreneurs outside the farming sector in three categories: Rs 50,000 loan in the ‘Shishu’, Rs 5,00,000 in the ‘Kishore’ and Rs 10,00,000 in the ‘Tarun’ segments respectively....
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One note, one vote: How farmers in Maharashtra are funding a poll campaign -Radheshyam Jadhav
-The Hindu Business Line Ryots in the sugar belt use their own money, shun funding from mill owners Kolhapur (Maharashtra): “I have money to contribute to your election fund,” says a man in tattered clothes, taking out a soiled ?10 note from his pocket. He hands over the note with a broad smile and a promise: “I have given a note, and now I will vote.” It’s a sunny afternoon in a tiny...
More »The electoral bonds scheme is a threat to democracy - Gautam Bhatia
-Hindustan Times From a constitutional point of view, the scheme fails the tests of rationality and non-arbitrariness Earlier this month, the Supreme Court indicated that it would hear the long-pending constitutional challenge to the electoral bonds scheme. The electoral bonds scheme, which was introduced by the government in early 2018, provides new channels for private funding of political parties, and has been subjected to severe criticism, including by a former Chief Election...
More »Farmers or corporates: Who benefits from Andhra Pradesh's natural farming project? -Aritra Bhattacharya
-Scroll.in The government’s choice of partners has raised concerns. In June 2018, the Andhra Pradesh government announced an ambitious programme to bring all 80 lakh hectares of its cultivable land under agroecological farming by 2024. Agroecology emphasises minimising external, artificial inputs by using resources available in the local ecosystem so as to make farming sustainable and environment-friendly. Called Andhra Pradesh Climate Resilient Zero Budget Natural Farming, the programme seeks to wean away 60...
More »SY Quraishi, former Chief Election Commissioner, interviewed by Anuradha Raman (The Hindu)
-The Hindu The former Chief Election Commissioner on the EVM controversy, why the Supreme Court’s verdict on criminals in politics is a missed opportunity, and electoral bonds The debate on the reliability of electronic voting machines (EVMs) refuses to settle, with political parties continuing to voice their concerns about malfunctioning machines. Former Chief Election Commissioner S.Y. Quraishi explains how EVMs work, why he is disappointed with the Supreme Court for refusing to...
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