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Farm-loan waivers turn nightmare for banks -G Naga Sridhar

-The Hindu Business Line Farmers in election-bound States have stopped repaying in anticipation of write-offs Hyderabad: The increasing demand for farm-loan waivers and slippages in existing loan repayments by farmers in anticipation of write-offs are giving banks a nightmare. Apart from drawing the attention of policy makers and political pundits, last week’s mega farmers’ rally in the national capital has also created tremors among bankers. “The expectation of agricultural loan waivers next year when...

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The Plight of Paddy Farmers in Chhattisgarh -Saurabh Sharma

-Newsclick.in These paddy farmers are getting Rs 1,750 per quintal for selling their rice to the government with a bonus of Rs 300, which makes Rs 2,050 the MSP. Political parties like Congress and Janata Congress Chhattisgarh are highly banking upon the rice farmers of the state to come to the power by forming the government through their promise of giving Rs 2,500 as minimum support price (MSP) on paddy. The paddy farmers...

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Jean Dreze, development economist, interviewed by G Sampath (The Hindu)

-The Hindu The Indian education system would be a good place to start with reforms, says the development economist Jean Drèze is possibly the world’s most famous Belgian-Indian. He has lived in India since 1979, and is an Indian citizen. As a development economist and activist, he has helped draft some startlingly pro-people legislations, such as the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, and the National Food Security Act, 2013....

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Amid institutional decline -Arun Kumar

-The Hindu The issue today is whether a dishonest system can be managed honestly Allegations of interference in major institutions have been the big news of late. The ongoing fracas in the Central Bureau of Investigation (CBI) has got out of hand, with the two top officials in the chain of command accusing each other of corruption. The recent pronouncements in the Supreme Court do not promise an early resolution. The fight against...

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Farmers badly hit by demonetisation, admits Agriculture Ministry -Sobhana K Nair

-The Hindu Report concedes that farmers couldn’t buy seeds due to cash crunch. Millions of farmers in India were unable to buy seeds and fertilisers for their winter crops because of demonetisation, according to a report submitted by the Union Agriculture Ministry to the Parliamentary Standing Committee on Finance. This official acknowledgement of the impact of demonetisation comes on a day when Prime Minister Narendra Modi, speaking at a rally in Jhabua, Madhya...

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