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The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta

-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off loans of small and marginal farmers, which would approximately cost the government Rs37,000...

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Centre renames maternity benefit scheme, adds Pradhan Mantri to it -Moushumi Das Gupta

-Hindustan Times The Centre has renamed the Matritva Sahyog Yojana - a scheme under which pregnant and lactating mothers get Rs 6,000 for the first live birth - as Pradhan Mantri Matritva Vandana Yojana (PMMVY) in yet another instance of the Prime Minister’s name being prefixed to a government programme. Government sources said the name of the scheme, which was cleared by the Union cabinet last week, was changed to make it...

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Kerala Passes Resolution Against Genetically Modified Mustard -Uma Sudhir

-NDTV The Kerala assembly resolution has listed out reasons why they opposed GM mustard. It says it is not proved that genetically-modified crops give more yield than normal varieties and that GM crops attract new pests and controlling them needs the use of highly hazardous and expensive chemical pesticides. Thiruvananthapuram: The Kerala Legislative Assembly today unanimous passed a resolution rejecting genetically modified or GM Mustard seed. Just a little over a...

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Why India needs another statistical revolution -Pramit Bhattacharya

-Livemint.com The Indian statistical system is failing to fulfil the needs of 21st century policymaking The Indian state has often been a source of bewilderment to observers and analysts, and a source of frustration for its citizens who marvel at the state’s ability to perform complex tasks—such as running a successful space mission—while failing to perform many basic tasks such as ensuring the survival of newborns. Perhaps no other organ of the...

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And now, there will be light -SR Praveen

-The Hindu All houses in the State, however remote they may be, will have power connection thanks to the State government’s total electrification project THIRUVANANTHAPURAM (Kerala): Narayanan Kani flicked on the single switch hanging by the side of a pole, which holds up his hut. A point of white light, slightly bigger than the tip of a ball-point pen, came alive. This is the only electricity that he and his wife Maathi...

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