-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
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Nationwide survey finds Indian farmers in bad shape -Vishwa Mohan
-The Times of India NEW DELHI: Minimum support price (MSP) of most of the food-grains has been increased by over 100% in the past 10 years, but it hardly benefited farmers in eastern and central India as majority there have not even heard of such procurement system. The situation is equally bad in other parts - except in states like Punjab, Haryana, Maharashtra and Western Uttar Pradesh - where farmers don't get...
More »NREGA: Effects and Implications -Nandini Nayak
-NewsYaps.com In 2005, the Parliament of India enacted a landmark legislation known as the National Rural Employment Guarantee Act (NREGA). The aim of this law, renamed ‘Mahatma Gandhi NREGA' in 2009, was to create a legally enforceable guarantee of employment for any adult from rural India willing to do casual manual labour on local public works at a statutory minimum wage. Public works programmes have long been implemented in India...
More »Aadhaar a 'fraud', will review it if voted to power: BJP -Anil Kumar M
-The Times of India BANGALORE: The BJP on Tuesday said it would review the Aadhaar programme if it comes to power at the Centre and demanded a CBI probe into the scheme, alleging it regularized illegal stay of migrants in India. Questioning the UIDAI chairman Nandan Nilekani's claims on Aadhaar's achievements, BJP national spokeswoman Meenakshi Lekhi termed the programme as a "fraud" perpetrated on the people of the country while seeking the...
More »Congress, BJP flout CIC order, may face heat -Himanshi Dhawan
-The Times of India NEW DELHI: Political parties including Congress and BJP have ignored a four-week deadline set by the Central Information Commission (CIC) and could be liable for Rs 25,000 fine or even deregistration. The commission had issued a showcase notice on February 7 to six national political parties - Congress, BJP, NCP, BSP, CPI and CPM - seeking an explanation on why they had not complied by its June 3...
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