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Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija

-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...

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The great Finance Bill trick -Niranjan Sahoo

-DNA The political funding reforms are an embarrassment to India’s claims of heralding a transparency revolution Following Prime Minister Narendra Modi’s demonetization drive and his expressed desire to bring transparency in political funding, there were expectations of more concrete measures to cleanse the Augean stables of Indian politics. The government responded quickly, albeit through the Finance Bill. For the first time, the Union Budget 2017 devoted a full section (420...

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Farm loan waiver is no solution for Indian agriculture

-Livemint.com In the case of repeated farm loan waivers, it makes sense for borrowers to default strategically Hope: The Narendra Modi government says it wants to double farm income by 2022 through the transformation of Indian agriculture. Reality: The political discourse continues to focus perversely on farm loan waivers. Here are some recent instances. The new Bharatiya Janata Party government in Uttar Pradesh is considering a farm loan waiver as promised in its election...

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Adityanath, No Stranger To Criminal Cases, Promises Safer UP -Milan Vaishnav

-NDTV In his maiden appearance after being named Uttar Pradesh chief minister, Yogi Adityanath proclaimed that his Bharatiya Janata Party (BJP) government would maintain a laser-like focus on the twin themes of combating corruption and restoring law and order. "In the past 15 years," Adityanath noted, "UP lagged behind in the race of development as previous governments indulged in corruption, nepotism, and failed on the law order front." Indeed, one of...

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Tamil Nadu's Amma canteen concept catches on in other states -Nikita Doval

-Livemint.com Karnataka, Madhya Pradesh, Delhi, Andhra Pradesh have started their own versions of Tamil Nadu’s Amma canteens that provide food at heavily subsidized rates New Delhi: The late J. Jayalalithaa’s government in Tamil Nadu had launched Amma Unavagam (Mother’s canteen) with much fanfare in 2013. Meant to provide wholesome food at heavily subsidized rates, the canteens which are run by the government but staffed by women from self-help groups have been a runaway...

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