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RBI's NPA bitter pill comes with some side effects -Richa Mishra & KR Srivats

-The Hindu Business Line Bankers call for a coordinated approach to deal with the stressed loans issue New Delhi: The RBI’s revised framework for stressed loans may prove to be disastrous and seems ill timed for an economy that is just recovering from twin policy blows of demonetisation and GST implementation. Though there are long-term benefits of administering such a bitter pill, the short-term risks are significant, say bankers. “This (revised NPA framework) is...

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National meet on doubling farmers' income opens on Monday

-The Hindu Business Line New Delhi: The government, which has very little to show so far as achievement on its ambitious PLAn of doubling farmers’ income by 2022, is organising a two-day brainstorming meet of various stake-holders, including farmers and farmer bodies. The national conference, scheduled from Monday, would be attended by Prime Minister Narendra Modi, apart from his cabinet colleagues and top government officials. According to SK Pattanayak, Union Agriculture Secretary, the...

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To Harvest Enterprise -Lola Nayar

-Outlook A tax holiday is expected to push more farmers to turn entrepreneurial The Budget’s announcement of a five-year tax holiday for Farmer Producer Organisations (FPOs) with a turnover of up to Rs 100 crore came as a relief to the thousands of farmers who are members of around 4,000 such companies in the country.  In December 2017, a sizeable number of farmers gathered at a national conference org­anised in Pune were...

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Centre, states to discuss how to ensure MSP for farmers

-PTI The Centre will consult state governments early next month to set up a mechanism for protecting farmers' income when market prices fall below the minimum support price (MSP), Agriculture Secretary S K Pattanayak said today. A model law is also being prepared to ensure tenant cultivators get institutional credit and interest subsidy, he added. "We will call a meeting of state governments early next month to discuss a mechanism so that farmers...

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Budget 2018: Will Women Really Be Better Off at the End of This Fiscal? -Barkha Deva

-TheWire.in In the gender Budget, the Modi government has not done much more than pay lip service to policies that impact women. Soon after the Union Budget was presented, the PMO tweeted Modi as saying: “Special emphasis has been given on women empowerment in the Budget.” A high-voltage communication campaign followed highlighting key proposals for women, including an increase in commitments for the Ujjwala scheme to provide free gas connections to eight crore...

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