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Open season for farm loan waivers

-The Telegraph In the long term, the only real solution to rural distress is to shift labour to more productive segments of the economy It has turned into an open season for farm loan waivers. Less than a week after assuming office, Congress governments in Rajasthan, Madhya Pradesh and Chhattisgarh have announced the waiver of crop loans up to two lakh rupees per farmer. The Congress president, Rahul Gandhi, has thrown down...

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Why credibility of India's fiscal math is under strain -Nikita Kwatra

-Livemint.com Unless the convoluted arithmetic behind fiscal deficit gets as much attention as headline fiscal deficit number, creative accounting practices will go on Mumbai: The Narendra Modi-led National Democratic Alliance (NDA) government has been lauded for its ability to rein in the headline fiscal deficit over the past few years, which has arguably helped tame inflation. However, with reverses in key assembly elections earlier this month and Lok Sabha elections to be...

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Himachal, Kerala and TN top development index

-The Hindu Aim is to instil competition among States to improve performance: NITI Aayog Himachal Pradesh, Kerala, and Tamil Nadu have been ranked highest in terms of being on track to achieve the United Nations’ Sustainable Development Goals (SDG), according to a first-of-its-kind index released by NITI Aayog on Friday. The index comprises a composite score for each State and Union Territory based on their aggregate performance across 13 of the 17 SDGs....

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Maharashtra announces Rs.150-cr relief to onion growers

-The Hindu Business Line Govt announces Rs. 2/kg subsidy to farmers who were selling their produce at low prices Mumbai: In a relief to the distressed onion growers in Maharashtra, the Fadnavis government on Thursday decided to provide ?2 per kg subsidy on the bulbs sold from November 1 till December 15 in the State. About three lakh farmers stand to gain up to Rs.40,000 from this decision by the State government. The money,...

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Powering agriculture via solar feeders -Ashwin Gambhir & Shantanu Dixit

-The Hindu Business Line They not only provide a reliable supply of electricity, but will also help reduce the subsidy outgo of States Two-thirds of the total irrigated area in India uses groundwater pumping, powered by more than two crore electric and 75 lakh diesel pumps. Access to groundwater depends on reliable and affordable electricity supply. This is an important issue as it concerns livelihoods of the rural poor and food security...

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