-The Economic Times The government may increase the annual target of the banks for lending to the agriculture sector by 22% in the upcoming union budget to 7 lakh crore, in view of the revised classification of priority sector loans issued by the Reserve Bank of India. "Banks will be pushed to achieve their direct lending targets and focus on the new improved Kisan Credit Card scheme," said a finance ministry official,...
More »SEARCH RESULT
Business by other means -Ajoy Ashirwad Mahaprashasta
-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
More »The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay
The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
More »India: examining the motivation for rape -Ruchira Gupta
-Open Democracy Were Ram Singh and his cohort simply claiming a notion of masculinity promoted every day by their role models in politics, business and the media? Ruchira Gupta writes of the steady creeping of a rape culture into the fabric of India, and what needs to be done to counter the idea that women are commodities Let us talk about Ram Singh, the chief rapist accused in the case of Damini,...
More »Sexual Offences: CPM favours death penalty, CPI wants life -Nidhi Sharma
-The Economic Times CPM, which has conventionally opposed capital punishment, has suggested enhancement of punishment in sexual offences and proposed life imprisonment and even death in rarest of rare cases. In the final draft of suggestions being sent to Justice Verma Committee, formed by the government to rewrite the country's rape laws after the horrific gang-rape, the Left party has openly called for capital punishment in rare and brutal cases. According to...
More »