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UDAY scheme: Tamil Nadu ranked lowest on performance power distribution companies -Sanjay Vijayakumar

-The Hindu UDAY scheme: Tamil Nadu ranked lowest on performance power distribution companies Chennai:  UDAY review finds little progress made in smart metering. Tamil Nadu has been ranked lowest in terms of State distribution companies’ quarterly performance as of December 2017, post joining the Centre’s Ujwal DISCOM Assurance Yojana (UDAY). The State had joined the scheme over a year ago. The scheme, covering 31 States and Union Territories, emphasises both financial turnaround and...

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Grid stability is key -Aditya Vora & Armin Rosencranz

-The Hindu The ambitious plan to help farmers earn from solar power generation hinges on small details Electricity is a major concern in rural India, especially for farmers. The Government of India has come up with an original plan to address this problem. Instead of transmitting electricity to the farmers, the government, to start with, wants farmers to use solar energy to power their irrigation pumps. According to the January 2018 report...

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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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How will farm loan waivers impact the Indian economy? -Tadit Kundu

-Livemint.com Farm loan waivers will strain the finances of states, and harm both farmers and banks over the long run In its policy statement released last week, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) pointed out that the implementation of farm loan waivers across states could hurt the finances of states and make them throw good money after bad, and stoke inflation. How much of an impact will...

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The majority at the margins -Jayati Ghosh

-The Indian Express Protests by the people against inequality are producing governments that move exactly in the opposite direction We all know that the world is an unequal place, both across and within countries. We also know that across the world, people are expressing their anger and disgust at this inequality. This is increasingly revealed in extreme and often paradoxical political results. In the US, a vote against the establishment has just...

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