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Spending on agri R&D alleviates poverty substantially: Study -TV Jayan

-The Hindu Business Line This brings higher returns; govt must spend more on R&D, roads: ICRIER paper New Delhi: Spending on agricultural research and development, including extension services, is at least 10 times more effective in reducing poverty than spending on fertiliser or power subsidies, an ongoing study has shown. Spending ?10 lakh on agricultural R&D can help lift 328 people out of poverty, whereas allocating the same for fertiliser or power subsidies...

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Banks can wipe out your money -BR Muralidharan

-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...

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A Comprehensive Guide From RBI on How 'Not' to Lend to Farmers -Bodapati Srujana

-Newsclick.in This might help understand why there is a huge gap between the amount of loans banks claim they have given to the farmers and the amount that is actually received by the farmers. If you ever find yourself with time on your hands, and don’t know what to do with it – here is something that you can do. Just go to the website of Reserve Bank of India, and search...

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Should Rajasthan's Open Prisons Be Replicated Across the Country? -Gaurav Vivek Bhatnagar

-TheWire.in A new report has recommended extending the scheme to all women, aged and infirm undertrials, claiming that it has many social and economic benefits for both the state and the inmates. A study on open prisons and parole practices in Rajasthan suggests that the “successful system,” operational in the state since 1955, be emulated across the country. The study, initiated by the Rajasthan State Legal Services Authority (RSLSA) and Rajasthan high court...

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The roots of the crisis in the seed industry -Ram Kaundinya

-Livemint.com The regulatory system for the seed and biotech industry should be transparent, science-based, predictable and fair For many decades, the Indian policy framework facilitated the interaction of science and innovation with entrepreneurship, which led to competition and the subsequent development of an industry structure that delivered sustainable economic benefits. The government was a major contributor to investments in seed research in India for close to three decades after independence. Policy reforms like...

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