-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against Malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...
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‘FCI labourers earn Rs.4.5 lakh a month’
-The Hindu The Supreme Court on Friday expressed shock at the revelation that labourers at the Food Corporation of India (FCI) earned a whopping Rs. 4.5 lakh as monthly wages, considerably more than the salary of the President of India. A Bench led by Chief Justice T.S. Thakur said the revelation was an example of the “Malpractices” in the FCI system. The Bench was hearing an appeal filed by the FCI Workers’...
More »Managing agricultural risk
-The Hindu Business Line The proposed crop insurance overhaul is a welcome step The Centre’s move to come out with a new crop insurance policy has not come a moment too soon. The initiative seems keen to address two main impediments to enhance the coverage of crop insurance — high rates of premium under the Modified National Agriculture Insurance Scheme (MNAIS), particularly in relation to the sum insured, and inaccuracies in estimating...
More »Cure the doctor -Vikram Patel
-The Indian Express Healthcare in India is a leading cause of poverty. The medical profession must own its share of the blame Earlier this month, The Lancet published a paper calling for a radical transformation of the architecture of India’s healthcare delivery system if it is to achieve the government’s vision of assuring health for all. The paper documented India’s progress on major health indicators in the past decade, but also...
More »Farmers spraying crops with animal hormone -Syed Akbar
-The Times of India HYDERABAD: Desperate to save the standing crop in the face of severe drought, paddy farmers have turned to the animal hormone Oxytocin to salvage the Khariff yield. Oxytocin, which is widely used by farmers in a bid to artificially promote growth in fruits and vegetables, has been banned for use in agriculture and animal husbandry. According to researchers in Prof Jayashankar Telangana State Agricultural University here, paddy farmers...
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