-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...
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How to get ourselves a better land law -Sanjoy Chakravorty
-The Hindu Business Line The Congress law and the BJP's amended version both fail to address the lack of transparency in property deals A toxic mix of hypocrisy, amnesia, opportunism, ignorance, and paternalism has led to a mess on the land acquisition legislation. It seems certain that whatever law we end up with is going to be bad law. It will not serve the primary purpose of any eminent domain law -...
More »Mass exodus: 100,000 villagers migrate from Chhatisgarh in 3 years
-IANS RAIPUR: There's a deathly silence in many villages across Chhattisgarh these days. The houses are locked as entire families have left for greener pastures for want of work, despite Central government's rural job scheme and availability of rice at Rs1 per kg. "We (55 labourers and 15 children) are leaving for Faizabad (in Uttar Pradesh) where we will make bricks. The payment is Rs 400 for 1,000 bricks. Two labourers...
More »India’s silent spring -Ashwini K Swain & Glada Lahn
-The Hindu Business Line Overuse of groundwater, fertiliser and energy threatens the future of agriculture. A coherent policy response is called for India's agricultural sector is far more important to the country than its falling share in the GDP suggests. About two-thirds of India's population depends on agriculture for livelihood. Bucking global trends, the agricultural population in India rose by 50 per cent between 1980 and 2011. And in spite of sustained...
More »Seven years ago, everyone saw Delhi’s air take a deadly U-turn but no one did a thing -Pritha Chatterjee & Aniruddha Ghosal
-The Indian Express The way the graph moves tells the story of a public health disaster that has been allowed to happen: over the last 15 years, the fall and rise of the lethal, fine dust that clogs your lungs every day in the nation's capital. After the historic Supreme Court judgement in 1998 forced all public transport vehicles, an estimated 100,000, to switch to cleaner Compressed Natural Gas (CNG), the levels...
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