-The Hindu It also suggested that the Centre come forward to extend financial help to Tamil Nadu “during this difficult situation”. Chennai: Asserting that there is no RATionale behind the classification of farmers into three groups for the purpose of granting farm loan waiver, and that there is no intelligible differentia taken note of by the State government, a Division Bench of the Madras High Court headed by Justice S. Nagamuthu has...
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Yogi waives farm loans up to Rs. 1 lakh -Omar Rashid
-The Hindu The UP govt will also settle around Rs. 6,000 crore of NPAs of 7 lakh small and marginalised farmers. Lucknow: The Yogi Adityanath-led BJP government in Uttar Pradesh, at its first Cabinet meeting on Tuesday, announced its decision to waive farmers’ loans worth Rs. 30,729 crore, writing off all farm loans up to Rs. 1 lakh. The government will also settle around Rs. 6,000 crore of NPAs of seven lakh...
More »It's the technology, stupid -Sunil Abraham
-The Hindu Business Line Eleven reasons why the Aadhaar is not just non-smart but also insecure Aadhaar is insecure because it is based on biometrics. Biometrics is surveillance technology, a necessity for any State. However, surveillance is much like salt in cooking: essential in tiny quantities, but counterproductive even if slightly in excess. Biometrics should be used for targeted surveillance, but this technology should not be used in e-governance for the following...
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 »Feeding insecurities -Reetika Khera
-The Hindu Business Line Aadhaar does more damage than good in welfare programmes It is widely believed that Aadhaar-Based Biometric Authentication (ABBA) is necessary to improve the delivery of welfare programmes such as the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), Public Distribution System (PDS), social security pensions, and so on. This is a misconception. We have been studying these programmes for a decade, focusing mainly on the source of leakages and...
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