-PTI The decision was taken by a consortium of banks which held a meeting in New Delhi. Some thirty odd bankers led by State Bank of India, which are staring at heavy losses to the tune of Rs 12,000 crore from the unfolding food scam in Punjab, on Monday discussed all options, including to stop lending to the state government. The decision was taken by a consortium of banks which held a meeting...

-Livemint.com The quality of output and influence in policymaking have been disappointing In order to give a flavour of how important think tanks in Washington DC have been to the policymakers, Peter W. Singer, an American political scientist, once wrote: “...when President Reagan took office in 1981, he quickly gave every member of his cabinet an 1,100-page book from the Heritage Foundation, Mandate for Leadership, that provided an outline for conservative principles...

-The Hindu Structural reforms and improving productive capacity can enhance long-term growth NITI Aayog, the government’s policy think tank, is working on a sector-based medium-term planning framework, Union Finance Secretary Ratan P. Watal told a meeting of state finance secretaries on Monday. The new planning framework could replace five-year plans, the last of which is set to end in 2016—17, Mr. Watal said. It was possible to synchronise with the finance commission cycle,...

-TheHansIndia.com Social activist Medha Patkar comes down heavily on AP Chief Minister N Chandrababu Naidu for ‘grabbing fertile lands’ from farmers for high-rise buildings She also criticises Telangana State government for its ‘anti-farmer policies’ Hyderabad: The third Kisan Swaraj Sammelan has called upon farmers to put up a unified fight in support of their demand for providing them with a comprehensive Farmers' Income Guarantee Act. They were of the unanimous opinion that such...

The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...