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In spite of RBI’s warning, Centre invested Rs 250 crore in Yes Bank in 2019-20

-Scroll.in The RBI had first flagged serious lapses in the bank’s governance in 2018. The Centre invested Rs 250 crore with private lender Yes Bank in the financial year 2019-’20 even though the Reserve Bank of India had deemed the bank as risky in 2018, shows the financial statement of the Prime Minister’s National Relief Fund. The investment in Yes Bank Fixed Deposit Receipts was made even as Finance Minister Nirmala Sitharaman last...

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Delhi Master Plan 2041: How can planners create a worker-friendly city? -Malavika Narayan, Shalini Sinha & Avi Singh Majithia

-Scroll.in The economic vision laid out in the plan is divorced from the realities of urban employment in Delhi. In Delhi, the unplanned and the informal are not the exception. A vast section of the city’s residents live in informal settlements, and eight out of 10 workers are informally employed. Insecurity of work and tenure marks their day-to-day existence. Whether it be vending on the streets, picking and sorting waste from people’s...

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The dark underbelly of Punjab’s liquor problem -Srishti Jaswal

-Scroll.in Over 100 people died after consuming illicit liquor in 2020. The police have implicated two brothers, but the trade runs deep in the state’s political economy. On the night of June 23, 2021, the sounds of qawwali rang out from a Sufi shrine in Dhotian, a village in Punjab’s Tarn Taran district. The brutal second wave of the coronavirus pandemic hadn’t yet receded, but hundreds were in attendance at the shrine,...

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Sri Lanka’s organic farming crisis: Learning from failures -Gurudas Nulkar

-Down to Earth Sri Lanka has found itself in an economic crisis in pursuit of producing 100% organic food   ‘Lankan food crisis shows perils of organic farming’. This was the headline of a column by Indian economist Swaminathan Anklesaria Aiyar column published in a national daily recently. Aiyar’s article analysed the Sri Lankan food crisis, which has been triggered by the President’s recent decision to shift from chemical to organic farming. While the...

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Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey

The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...

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