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Probe for loan torment -Jaideep Hardikar

-The Telegraph Nagpur: A special investigation team will probe the alleged harassment of poor women borrowers in Maharashtra by loan recovery agents of micro-finance institutions, the state government announced today after month-long street protests and an Assembly debate. Junior home minister Deepak Kesarkar assured an agitated Assembly that the state was considering a law similar to one Andhra Pradesh had enacted in 2011 to regulate the MFIs' lending and loan recovery practices. About...

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Three reasons why a cashless society would be a disaster -Amit Varma

-The Times of India I am a great admirer of Mahatma Gandhi, but the man had some strange views. In Hind Swaraj, written shortly after he turned 40 in 1909, Gandhi tore into some of the symbols of the modern age. “Hospitals are institutions for propagating sin,” he wrote. “To study European medicine is to deepen our slavery.” He railed against the railways, saying “it is beyond dispute that they propagate...

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Lost in the Green Revolution, many-hued varieties of paddy are being revived in Kerala -Leneesh K & Sridhar R

-The News Minute Rice Diversity Blocks in Kerala and five other states preserve over 1,000 indigenous varieties of rice that were at risk of being lost. In the Indian subcontinent, the birthplace of paddy, the colours of the crop’s many varieties are as diverse as the land, its people, languages, cultures, costumes, dialects and so on. But most of that variety was lost, when farmers were asked to forgo indigenous varieties...

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No estimation of black money either before or after Nov 8: Arun Jaitley

-PTI There is no official estimation of black money either before or after November 8 – the day government announced scrapping of old Rs 500 and Rs 1,000 notes, Finance Minister Arun Jaitley said on Friday. “There is no official estimation of the amount of black money either before or after the government’s decision of November 8, 2016 declaring that Bank notes of denominations of the existing series of the value...

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Kejriwal demands probing of source of political parties' funds

-PTI Delhi Chief Minister Arvind Kejriwal on Saturday demanded setting up of a commission to probe source of funding of political parties. He also questioned the central government’s decision to exempt political parties from paying income tax while depositing old 500 and 1,000 rupee notes. He sought to link the Centre’s tax exemption decision to the meeting between Prime Minister Narendra Modi and Congress vice-president Rahul Gandhi on Friday, suggesting the announcement was...

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