-Hindustan Times While searching for updates on the United Nations Third International Conference on Financing for Development, which took place in Addis Ababa recently, I came across an interesting piece of news: Music maestro AR Rahman and Bollywood superstar Hrithik Roshan would join a seven-day global campaign to popularise the sustainable development goals (SDGs), which are a new set of universal goals, targets and indicators that 193 UN member states will...
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No record of Rs 44,000 crore government spending -Sidhartha
-The Times of India NEW DELHI: Various ministries — led by health, agriculture and human resource development — have released close to Rs 44,000 crore over the past few years without getting utilization certificates or accounts of grants given to statutory bodies and organizations, resulting in spending without any evidence of gains flowing to the beneficiaries. The concern has been flagged by the Comptroller and Auditor General (CAG) in a new report...
More »Waste not, by Providing for the Needy -Neetole Mitra
-Tehelka A Delhi-based NGO combines innovation with common sense to provide thousands of hungry people with food which otherwise goes waste Events are often organised based on an underlying theme of abundance. Maybe because of this, extravaganzas always come with a sense of guilt which arises from wasting resources in a world where many die due to scarcity. For those of you who want to enjoy the evening without that burden, simply...
More »How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »A subsidy and some questions
-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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