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How farm loan waivers can actually benefit the economy -Charan Singh

-The Financial Express The fastest-growing major economy of the world cannot ignore its farmers as there is a genuine need to help the farming sector which is suffering from stress on account of indebtedness. The Banking industry is also not able to extend credit to those farmers who are in default. A loan waiver can help bankers to renew the loans, and farmers can use the borrowed money for production of...

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The invisible women farmers -Mrinal Pande

-The Indian Express Agriculture cannot survive without them. But they are invisible in the current conversation on the agrarian crisis An ex-company executive-cum-economist turns to the anchor during a discussion on the farmers’ agitation. “Overpopulation is destroying the farming activity. There are simply too many mouths to feed and the farms are shrinking. We must look to the urban areas for creating new jobs,” he says. The man at the local paan...

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Yogendra Yadav, convenor of Swaraj Party, interviewed by Archana Mishra (GovernanceNow.com)

-GovernanceNow.com As farmers protests take centre stage across the country, Swaraj Party convenor explains the ecological, economic and existential crisis behind this unrest. * We have recently seen farmers from Tamil Nadu protesting in the national capital. Then Maharashtra farmers protested, deciding not to send their produce to cities. The agitation has now reached Madhya Pradesh, leading to killings. Why there is sudden farmers’ unrest in the country? I think we...

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Government makes Aadhaar must for bank a/cs, high value transactions

-The Times of India NEW DELHI: The government has made the Aadhaar card mandatory for opening bank accounts and conducting financial transactions of Rs 50,000 and above. Those with existing accounts will also have to submit their unique identification number by the end of December. Not disclosing it by December 31 will lead to suspension of the account. While the income tax department had earlier announced the decision to make Aadhaar mandatory for...

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GST Is Proving to Be a Procedural Nightmare for Small Service Providers and Traders -MK Venu

-TheWire.in Most of the outreach efforts of the finance ministry to explain and create awareness about the GST have been with the bigger industry players. It is becoming increasingly clear that that neither the Centre nor states are adequately prepared to launch the goods and services tax (GST) on July 1. The sheer multiplicity of taxes, as also different tax slabs for the same commodity or service, is a problem which has...

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