-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...

It was a Rashomon moment for the readers of the First Common Review Mission report when they heard activists complaining about the pension system of Rajasthan during a recent press conference held in the capital. The First Common Review Mission (CRM) report, which was prepared during the month of May this year by a team of 32 experts had observed that pension related payments under the National Social Assistance Programmes (NSAP)...

-The Hindu Cooperative societies will get the amount in a phased manner Chennai: Pursuant to the announcement made by Chief Minister Jayalalithaa on the waiver of agricultural loans availed by small and micro farmers from cooperative banks, the State government has issued specific guidelines to be followed while implementing the waiver. According to the Registrar of Cooperative Societies (RCS), the scheme would be applicable to entire outstanding principal, interest, penal interest and all...

-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...