-Hindustan Times Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage . India’s agricultural economy witnessed significant changes during the post reforms period, many of which were positive, but some were negative. Income of farmers could not keep pace with their aspirations and fast growth in the income of non-farm...
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Under Modi, 25% Decline in Public SECtor Workers -Subodh Varma
-Newsclick.in Casual and contract workers’ proportion to regular workers has gone up to a record 53%. Nearly 2.4 lakh workers of government-run public enterprises have lost their jobs since the Narendra Modi led BJP government took power in 2014. That’s a massive 25 per cent of the workforce. Simultaneously, the number of casual and contract workers has increased to 3.8 lakh. The proportion of such employees has zoomed up from just 36%...
More »Why Can't Muslim Community Build and Run Modern Schools Like Others: Zameer Uddin Shah -Mohd. Imran Khan
-Newsclick.in The former AMU Vice Chancellor is the brain behind Sir Syed National School, a successful modern school, totally funded by the Muslim community in Muzaffarnagar. PATNA: A retired Lieutenant General of the Indian Army and former Vice Chancellor of Aligarh Muslim University, Lt Gen (Retd) Zameer Uddin Shah, emits a missionary zeal when he talks about the need for “modern and SECular” education for Muslim children, instead of “ghettoised” schools. “We have...
More »'Every SECond counts': SC says 'dissatisfied' with Meghalaya govt's efforts to rescue trapped miners
-The Indian Express Meghalaya mine collapse: Terming it a 'serious issue,' the bench said 'it is a question of life and death.' The Supreme Court Thursday expressed “dissatisfaction” with the manner in which the Meghalaya government organised the operations to rescue the 15 miners trapped inside a rat-hole mine in the state. Terming it a “serious issue,” a two-judge bench comprising Justices A K Sikri and S Abdul Nazeer questioned why...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
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