-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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Slackening of demand indicators weakens India's growth impetus -Aanchal Magazine
-The Indian Express Farmers getting lower prices for their produce, much lower than the minimum support prices announced by the government for the kharif crops this year, has hit the rural consumption demand story. New Delhi: The consumption-driven story of India’s economic growth is expected to face a slowdown as wide concerns emerge about the weakening rural demand. At a time when public expenditure is likely to be curtailed by the obligation...
More »Mainstreaming victims of crimes -GS Bajpai
-The Hindu It is time to make victim impact statements mandatory In Mallikarjun Kodagil (Dead) v. State of Karnataka (2018), the Supreme Court stressed the need to have a victim impact statement “so that an appropriate punishment is awarded to the convict”. This throws up many issues that are of interest to the victims of crimes. The term victim came to be defined in criminal law only in 2009 in India. The victim...
More »Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
More »New CRZ norms may upset coastal ecology -KS Sudhi
-The Hindu NDZ along Kerala coast will be significantly reduced giving room for constructions Kochi: The coastal belt of Kerala is likely to Witness a flurry of construction activities which may further deteriorate the quality of the fragile ecosystem. With the notification of the Coastal Regulation Zone (CRZ) 2018, the No Development Zone (NDZ) along the Kerala coast will be significantly reduced giving room for constructions for tourism facilities towards the seaward side...
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