-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...

-The Business Standard   Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...

-The Hindu   Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...

-The Business Standard   Badly structured insurance leaves Indian farmers exposed Ever since its inception in the early 1970s, agricultural insurance has defied all attempts to make it farmer-friendly and economically viable. Over half a dozen different models for farm risk management have been tried out, but with little success. The systems currently used - the National Agricultural Insurance Scheme (NAIS) and the Modified NAIS (MNAIS) - were objected to by the Insurance...

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...