-Livemint.com Farm loan waivers will strain the finances of states, and harm both farmers and banks over the long run In its policy statement released last week, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) pointed out that the implementation of farm loan waivers across states could hurt the finances of states and make them throw good money after bad, and stoke inflation. How much of an impact will...
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Why risks to inflation in India are on the rise -Roshan Kishore
-Livemint.com There is a growing risk that inflation may spike in the coming months The sharp drop in prices of farm products over the past few months has not just upset farmers across the country, but also seems to have complicated the task of India’s monetary authorities. The minutes of the last meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) show that the committee is divided...
More »Litchi behind mystery deaths in Bihar: US-India study -Durgesh Nandan Jha
-The Times of India NEW DELHI: The mystery behind the outbreak of an unexplained neurological illness in Bihar's Muzaffarpur, which had claimed nearly 100 lives each year till 2014, has been solved. Scientists from the US and India, after a joint investigation, have concluded that consuming litchi --a tropical fruit Muzaffarpur is famous for- on an empty stomach triggers the illness and death. Seasonal outbreak of the mysterious illness, characterised by acute...
More »Ten years after Sachar Report -Zeeshan Shaikh
-The Indian Express There’s been no major change in the condition of India’s Muslims. Here are the numbers On November 30, 2006, the 403-page report of the Sachar Committee, on the social, economic and educational condition of Muslims in India, was tabled in Parliament. The Committee, headed by former Chief Justice of Delhi High Court Rajinder Sachar, was set up soon after the UPA 1 government took over, and it submitted its...
More »Indians spend more on religious services than sanitation -Dipti Jain
-Livemint.com This preference for spending on religious services than sanitation extends across income and spatial divides Cleanliness is next to godliness—or so we are told. In India, cleanliness actually ranks several notches below godliness on the priority list. A recent report by the National Sample Survey Organisation (NSSO) shows that Indians are willing to spend more on religious services than on sanitation, irrespective of spatial and income divide. The survey, findings of which...
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