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FRDI Bill: Depositors' money safer than ever, says Arun Jaitley -Avishek G Dastidar

-PTI FRDI Bill: Jaitley says no need to create fear psychosis, government will consider what panel recommends The Money of all depositors in public-sector banks will be protected and the level of protection will be “much higher than the level which existed till today,” Finance Minister Arun Jaitley told Lok Sabha Thursday. Talking about the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 during his reply to the debate on Supplementary...

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Bamboo can be more profitable than sugarcane and rice! Check out how -Vivian Fernandes

-The Financial Express How about planting bamboo extensively along the banks of the Yamuna to sequester the carbon from Delhi’s vehicle emissions? According to the World Bank, India’s per person emission of carbon dioxide was 1,730 kg a year in 2014. Another website says this has risen to 1,900 kg in 2016. Bharathi Namby, a scientist, says it will take just five bamboo plants a year to make an Indian carbon-neutral,...

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The Truth Behind the Gujarat Growth Model -Indira Hirway

-TheWire.in After huge incentives to corporate units, the Gujarat government is left with limited funds for education, health, environment and employment for the masses. What is the Gujarat model? In simple terms, it refers to a period from 2002-03 to 20011-12 during which Gujarat experienced a quantum jump in its growth rate. The driving force was the then chief minister Narendra Modi’s innovative interpretation of neoliberal policies. The growth strategy had three major...

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How to double farmers income: This step is crucial to achieving target set by PM Modi -Pratap S Birthal & Jaya JuMRani

-The Financial Express By setting the target of doubling farmers’ income by 2022, the prime minister has clearly signalled a transition in agri-food policy from an excessive emphasis on foodgrain production towards improving welfare of the farming community. Given the continued excessive employment pressure, proliferation of small landholdings and growing agrarian crisis, this move is indeed an important change in the policy landscape. Doubling farmers’ income, however, requires identification of high-income...

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Onion tears and how to wipe them -Ashok Gulati & Siraj Hussain

-The Indian Express Onion farmers have suffered even in a bumper crop year. Needed: Scientific storage facilities, a judicious trade policy. Onions are, once again, in the news. Last week, retail prices touched Rs 50/kg in several markets, and wholesale prices touched Rs 30/kg in major onion markets like Lasalgaon in Maharashtra. This is not the first time that onion prices have spiked. Almost every alternate year, this roller-coaster of boom and...

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