-Livemint.com Controversy around the bail-in clause aside, FRDI Bill’s clauses 58 and 62(1) regarding governance of a firm declared critical are inherently conflicting Much has been said and written about the Financial Resolution and Deposit Insurance Bill, 2017. The FRDI Bill was scheduled for discussion in Parliament this winter session but will now have to yield to more immediate concerns such as the Gujarat election results and the Central Bureau of Investigation...
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Farm distress and electoral outcomes -EA Ramaswamy
-The Hindu Business Line Gujarat result shows politicians and governments would pay attention to farmer woes only when they are hit where it hurts Agriculture is in the eye of the storm, and we must thank Gujarat elections for this turn of events. Agrarian distress is gaining eyeballs like never before. Farmers have tried all kinds of methods in the past, but to no avail. They committed suicide, but it didn’t matter....
More »Bhargavi Zaveri, senior research associate at the Indira Gandhi Institute of Development Research, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid Debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...
More »Tomato prices plunge to 50 paise a kg, leave farmers in tears in Andhra Pradesh
-The New Indian Express KURNOOL: Prices of tomatoes have crashed to as low as 50 paise per kg at Pattikonda and Alur wholesale markets of Kurnool district after a bumper harvest and low demand, leaving farmers in tears. After transporting the produce to the market by incurring a huge cost, the farmers come to know that the prices have slumped a new low. Not knowing what to do — whether...
More »Punjab's farm crisis a tragic irony -Devinder Sharma
-Deccan Herald Punjab, the food bowl of the country, is faced with a paradox of plenty. Ever since the launch of the Green Revolution in 1966, Punjab has been producing a record grain surplus year after year. Yet, over the years, it has turned into a graveyard for its farmers. There is hardly a day when reports of farmers committing suicide do not appear in Punjab newspapers. Take a look at the...
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