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Farmers' protest to hit Gujarat next month -Maulik Pathak

-Livemint.com Farmer organizations in Gujarat plan a five-day protest in Gandhinagar next month over allocation of Narmada waters, crop insurance and minimum support price Ahmedabad: Farmer organizations in Gujarat plan to hold a five-day protest in Gandhinagar next month to voice concerns over the allocation of Narmada waters and demands on issues such as crop insurance and minimum support price. “Despite repeated written presentations to Gujarat government, our issues have not been addressed....

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The rising agrarian distress in India -Jayati Ghosh

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

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Can banking recover? -Jayati Ghosh

-The Hindu We need stricter adherence to sound banking rules and more transparency from public and private players The bank frauds involving Punjab National Bank (PNB) and the companies associated with businessmen Nirav Modi and Mehul Choksi as well as the Rotomac case couldn’t have come at a worse time. The Indian banking system is already reeling under the pressure of growing NPAs, or non-performing assets (less politely known as loans that...

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Indian Banking: Current Challenges & Alternatives for the Future -CP Chandrasekhar and Jayati Ghosh

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many Leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

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Tractor industry on course to register highest-ever domestic sales in FY-18 -G Balachandar

-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the tractor industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...

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