-The Hindu Business Line It is not just about making matters easier for corporates. Distressed farmers can access relief under pressing circumstances The Insolvency and Bankruptcy Code (IBC) aims at improving the failing credit market situation in the country. A healthy credit market functions well where the debtor and the creditor have faith that their interests are recognised and protected under law. Failure to pay debt is a common occurrence but surprisingly, the...
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Just another trivial Budget -Ashok V Desai
-The Hindu The Finance Minister’s prescriptions are a classic case of being unable to see the wood for the trees, be it on the tax proposals, the rural outreach or the bank bailout. It was a marathon achievement: 12,187 words in 111 minutes. True, there were no interruptions; the Finance Minister virtually sent the House to sleep. I have listened to many Budget speeches; and I cannot say that Dr. Manmohan Singh...
More »Use public sector lands for Make in India-like businesses, suggests Economic Survey -Kundan Pandey
-Down to Earth It also recommends the use of public lands for start-ups and industrial clusters The Economic Survey tabled on Friday has suggested that lands occupied by the public sector be converted for use by businesses under campaigns launched by Prime Minister Narendra Modi such as “Make in India” and “Smart City”. The second chapter of the survey (volume 1)—The Chakravyuha Challenge of the Indian Economy—makes a case for utilising publicly-owned land...
More »Jats think they’re backward; there’s a reason -Harish Damodaran
-The Indian Express Agriculture doesn’t pay that much, land is no longer the source of power it once was, and the community has failed to keep up with a changing India. The Jats conform fully to the idea of a ‘dominant caste’, a term the eminent sociologist M N Srinivas used to refer to any community that is both numerically strong in a village or local area, as well as wields...
More »MP stares at drought, water crisis -Rajendra Sharma
-The Times of India BHOPAL: Madhya Pradesh is staring at a drought-like condition for the second consecutive year if revenue department reports from districts are any indication. Revenue data reaching here from various districts hints that dry conditions may bring water scarcity in many parts of the state from April to June this year. As the state is on the verge of another drought, far-flung areas of more than 40 districts have...
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