-Live Mint CCEA clears recommendations on sugar sector made by Rangarajan panel; subsidy burden to rise Pushing ahead with long-pending reforms of the sugar industry, the cabinet on Thursday approved the dismantling of rules requiring sugar mills to sell the sweetener at below-market prices through the public distribution system (PDS) and abolished curbs on open market sale. The cabinet committee on economic affairs cleared the recommendations made by a panel headed by C....
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Short-Lived Relief -Lola Nayar
-Outlook The rot runs deep and cuts across states As expected, the farm loan waiver scam has hit the spotlight, with the Comptroller and Auditor General’s critical report being released in Parliament. Given the intense political grandstanding on display, many think this report (on the gaps in the implementation and monitoring of the Rs 52,275-crore scheme) has the potential to be a major political embarrassment for the UPA ahead of the...
More »Budget 2013: Crop loans from private banks will be subsidised too-Atmadip Ray
-The Economic Tiomes Farmers borrowing crop loans from private banks will also get government's interest subvention scheme, finance minister P Chidambaram said in his 2013 Budget speech. At present, farmers used to get crop loans at a subsidised 4% a year rate from public sector banks, regional banks and cooperative banks if they repay in time. Farmers who repay loans in time, gets an additional 1% interest subvention from the government over and...
More »JP Mishra, chief of the State Health Resource Centre, Chhattisgrah interviewed by Suvojit Bagchi
-The Hindu Chhattisgarh is all set to allow private diagnostic centres at public health facilities within three months. Critics are appalled by the idea of business space for private players in public health facilities while supporters feel it will improve the pallid health care infrastructure in the State. The architect of the new model, J.P. Mishra, chief of the State Health Resource Centre — the State Health Department’s technical assistance body...
More »Debt crushes bonded labourers in Kota’s quarries-Anumeha Yadav
-The Hindu Kota, Rajasthan: The sun is about to set over grey-brown slabs in sandstone quarries in Kota district, Rajasthan. Babulal Khairwa sits at the edge of a quarry and attentively hits a taanki, a chisel shaped like a gigantic nail, placed on the stone with a hammer. Babulal hits the stone with the hammer till it cracks in a straight line. Each 2 by 10 square feet foot slab, or...
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