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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...

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Swim against funding tide -Charu Sudan Kasturi

-The Telegraph New Delhi: A clutch of legal amendments the Narendra Modi government has introduced to allow corporate political donors to mask their contributions drags the world's largest democracy against global currents of rising transparency in electoral funding, analysts and activists have warned. From Brazil to Bangladesh, and Croatia to Cyprus, countries of diverse sizes and varied histories with democracy have over the past decade adopted laws and rules aimed at making...

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Lokniti-CSDS-APU survey: Caste, community, identity in India; snapshots from four states

-The Indian Express A large new study, releasing today, seeks to understand the fundamental bases of the choices India makes while voting in elections. The study seeks to document the ideas and attitudes that frame the country’s larger political culture. There is a lack of over-time data on how Indians think about intercommunity relations, relations between citizens and the government, and the nature of the political community. To fill this gap, the...

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Why Are Banks Deducting Money From Farmers' Accounts Without Permission? -Nitika Kakkar and Deepak Vaishnav

-TheWire.in Banks are deducting ‘crop insurance premiums’ from farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...

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Sustainable Agriculture: Punjab's search for a less water-guzzling, yet high-yielding paddy -Divya Goyal & Harish Damodaran

-The Indian Express A new 125-day rice variety promises to provide some respite to Punjab farmers, depleting aquifers Ludhiana: A new variety maturing within 125 days, yet yielding nearly as much as those now grown over 135-160 days, could provide the ultimate solution to Punjab’s woes stemming from farming of water-guzzling paddy. Punjab Agricultural University (PAU) has released a paddy variety PR-126 that gives an average of 30 quintals per acre. This is...

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