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Farm-loan waivers turn nightmare for banks -G Naga Sridhar

-The Hindu Business Line Farmers in election-bound States have stopped repaying in anticipation of write-offs Hyderabad: The increasing demand for farm-loan waivers and slippages in existing loan repayments by farmers in anticipation of write-offs are giving banks a nightmare. Apart from drawing the attention of policy makers and political pundits, last week’s mega farmers’ rally in the national capital has also created tremors among bankers. “The expectation of agricultural loan waivers next year when...

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Jean Dreze, development economist, interviewed by G Sampath (The Hindu)

-The Hindu The Indian education system would be a good place to start with reforms, says the development economist Jean Drèze is possibly the world’s most famous Belgian-Indian. He has lived in India since 1979, and is an Indian citizen. As a development economist and activist, he has helped draft some startlingly pro-people legislations, such as the Mahatma Gandhi National Rural Employment Guarantee Act, 2005, and the National Food Security Act, 2013....

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Ahead Of Rajasthan Polls, WhatsApp's Training Programme Against Fake News

-IANS The training told users to differentiate between rumours and opinions; shared subsequent steps to tackle instances of false news and tips to stay safe on WhatsApp. Jaipur: Aiming to address the challenge of misinformation during the upcomimg Rajasthan Assembly polls, WhatsApp today conducted training for community leaders in Jaipur, in partnership with the Digital Empowerment Foundation (DEF), the Facebook-owned mobile messaging platform said. The education workshop encouraged WhatsApp users to see...

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Bureaucracy biggest obstacle to nation's development: Pranab Mukherjee

-The Indian Express Pranab Mukherjee referred to the civil services as the one that find ways on how to put obstructions, how to find out excuses and not to move. Former President Pranab Mukherjee on Saturday said that bureaucracy is the biggest hurdle in development and need to be rectified. Delivering the concluding part of his lecture series as a guest faculty for the “public policy for Inclusive Development of India” course...

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The oil & rupee problem -Kirit Parikh

-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...

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