-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...
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From farmer to businessman -Trilochan Sastry
-The Hindu The fact that food companies prosper but farmers commit suicide shows that profits are in the market, not the farm. It is time to replicate the Amul story many times over In the ongoing debates on the new land acquisition bill, the potential of agribusiness to address agrarian distress has not been explored. There are several domestic agriculture companies, both listed and private, that are doing extremely well amidst an...
More »Nutrition scientists: unsung heroes and their role in Swasth Bharat -D Balasubramanian
-The Hindu The National Nutrition Monitoring Board (NNMB), set up in 1972, has been doing silent, and remarkable service to the nation. We tend to look at a nation’s progress increasingly, and almost exclusively, in terms of its economic and business statistics. India is now invited to the high table as a growing economy, with its annual financial growth rate of over 4 per cent. Internally too, we have setup many mechanisms,...
More »Young and jobless in India -Charan Singh
-The Hindu India must devise a demographic policy to separately meet the requirements of the young, middle-aged and elderly The Census data released recently show that unemployment in the country, especially among the youth, is very high, averaging nearly 20 per cent for the age group of 15-24 years. In some States like Chhattisgarh, Madhya Pradesh, West Bengal, Rajasthan, Himachal Pradesh and Jammu and Kashmir, the unemployment rate is above 25 per...
More »The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury
-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
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