-The Hindu Business Line The trend of farm loan waivers has gripped the country and Karnataka is the latest to jump on to the bandwagon. The fiscal strain of farm loan waivers on the States is worrisome. As per RBI, the gross fiscal deficit (GFD) of States rose to 3.1 per cent of GDP in 2017-18, breaching the threshold of 3 per cent GFD/GSDP ratio recommended by the Finance Commission. This threshold has...
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Power to the rich: India needs to talk about money in politics -Devesh Kapur and Milan Vaishnav
-Hindustan Times The issue of money in politics is a matter of pressing concern across the democratic world. Recent headlines, for instance, reveal that scandals linked with political finance irregularities dot the globe. In France, former president Nicolas Sarkozy is being investigated on allegations that his 2007 campaign received millions of dollars from late Libyan dictator Muammar Gaddafi. In Brazil, former president Luiz Inácio Lula da Silva was sentenced to a dozen years...
More »New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data
A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
More »Politics of diet -Divya Trivedi
-Frontline.in Data from various surveys prove that India is anything but a vegetarian nation, but ever since the BJP came to power at the Centre there have been attempts to demonise meat-eating and to impose the vegetarian food habits of certain sections of Hindus on the rest of India. In parts of Gujarat, eggs are not sold openly. They are placed inside black bags, just like sanitary napkins sold in chemist’s shops....
More »Need for changes in agrarian policy
-The Hindu All India Kisan Sabha to take out march to Parliament in November Tamil Nadu: The All India Kisan Sabha, along with over 190 farmers organisations from across the country, would take out a three-day ‘Kisan Mukthi Long March’ to Parliament in November seeking radical changes in the agrarian policy in order to prevent farmers’ suicides under a neo-liberalisation regime, said its national president Ashok Dhawale. He is here in connection with...
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