-The Economic Times blog In December 1956, Zhou En Lai, the Chinese premier and, after Mao, the second mostpowerful man in China, created much consternation by refusing to leave his meeting at the National Sample Survey Organisation (NSSO) office at the Indian Statistical Institute (ISI) in Kolkata. He was talking to Prasanta Chandra Mahalanobis, the founder of the institute, and one of the pioneers in the field of survey methods. Zhou was...
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Fasal Bima Yojana needs fine-tuning -Rajalakshmi Nirmal
-The Hindu Business Line Short tenure of the policy is its biggest drawback. With El Nino expected to mar the monsoon this year, insurers may stay away A normal monsoon in 2016, after two years of drought, has not only led to a bountiful harvest for farmers, but also filled the coffers of private insurers. The Kharif 2016 season resulting in lower claims has helped private insurers in particular rake in good profits...
More »NITI Aayog begins business without action plan -Jitendra
-Down to Earth Will the Aayog's vision be any different than the top-down approach of its predecessor, the Planning Commission? WITH THE end of the 12th Five Year Plan on March 31, India’s 65-year tryst with five-year economic development planning has come to an end. In 2014, when the National Democratic Alliance government scrapped the Planning Commission and replaced it with the National Institute of Transforming India (NITI) Aayog, it announced...
More »Does the Banking System Really Want to Help Farmers? -Devinder Sharma
-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
More »Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija
-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...
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