-The Hindu Business Line The solution lies in better prices for produce, generating non-farm income, and reducing costs of farming After the Yogi Adityanath government waived farm loans of about ?36,000 crore for UP farmers, pressure has mounted on other States to follow suit. But contrary to common belief, debt waivers aside from possibly guaranteeing electoral victory, do little to alleviate the plight of farmers. Neither do they help kick-start the rural...
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NGT slams Sri Sri Ravi Shankar over Yamuna plains damage: 'You have no sense of responsibility'
-The Indian Express "You have no sense of responsibility. Do you think you have the liberty to say whatever you want?" The National Green Tribunal (NGT) on Thursday said that Art of Living founder Sri Sri Ravi Shankar’s allegation of bias in the green panel’s report on the damage caused to the Yamuna riverbed due to a Culture festival organised by AOL is ‘shocking’. The NGT said: “You have no sense of responsibility....
More »Do farmers disturb credit Culture more than industry? -Prabhakar Kulkarni
-TheHoot.org Maharashtra’s farm daily Agrowon offered a counter to the SBI chief, the RBI governor, and English newspapers critical of the UP farm loan waiver. The Marathi agriCulture daily Agrowon has criticized both the RBI governor Urjit Patel and State Bank of India’s Arundhati Bhattacharya who have objected to the farm loan waiver in Uttar Pradesh and similar demands elsewhere. The paper’s line is quite different from that of the mainstream English...
More »In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman
-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit Culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...
More »10 Years Of Damage, 42 Crores: Alleged Cost Of Sri Sri Ravi Shankar's Art Of Living Yamuna Event -Harish Upadhya & Raija Susan Panicker
-NDTV New Delhi: It will take 10 years to reverse the damage done to the banks of the River Yamuna by a huge cultural festival organised by Sri Sri Ravi Shankar, the country's top environmental court was told today. A team of experts who have visited the area where the three-day event was held last year have said restoring the flood plain will also cost about 42 crores and take extensive...
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