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In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman

-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...

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Fewer mangoes, more melons -GS Mudur

-The Telegraph New Delhi: India may need to consume less wheat and more pulses and vegetables, less chicken and more mutton, and fewer mangoes and more papayas to feed its population amid a looming water crisis. A study released on Tuesday has indicated that modest changes in diets might help address severe water stress India is predicted to face in the decades to come and reduce non-communicable diseases such as coronary heart...

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High Court to Yogi: Choice of Food is Part of Citizen's Right to Life

-TheWire.in Inaction of state government to regulate abattoirs in the past cannot be a shield for imposing “a state of almost prohibition” on meat, says Allahabad high court. Noting that food habits are an essential part of UP’s secular culture, the Allahabad high court held that food and trade in foodstuff is constitutionally guaranteed under the right to live. The Lucknow bench of the high court was ruling on a petition brought...

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Yogi waives farm loans up to Rs. 1 lakh -Omar Rashid

-The Hindu The UP govt will also settle around Rs. 6,000 crore of NPAs of 7 lakh small and marginalised farmers. Lucknow: The Yogi Adityanath-led BJP government in Uttar Pradesh, at its first Cabinet meeting on Tuesday, announced its decision to waive farmers’ loans worth Rs. 30,729 crore, writing off all farm loans up to Rs. 1 lakh. The government will also settle around Rs. 6,000 crore of NPAs of seven lakh...

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HC gives Yogi Adityanath government 24-hour deadline to produce illegal meat shops' closure orders

-The Financial Express The Allahabad High Court on Monday gave Chief Minister Yogi Adityanath led Uttar Pradesh government 24 hours to produce before it all the orders on the basis of which it closed illegal meat shops in the state. The Lucknow court had ordered the state counsel on March 27th to produce the order by April 3 but the state failed to do so and instead sought more time for...

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