-The Business Standard Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...
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Cloud burst pushes farmers back to square one-Giji K Raman
-The Hindu MARAYUR (IDUKKI, Kerala): Raja is a traditional farmer in Kanthallur village who makes a living out of vegetable cultivation in his three-acre land. Disaster struck him on Monday in the form of cloud burst. Seeds of cabbage, carrot, garlic and beans were washed away and the land on which he and his wife toiled to sow the seeds after the summer rain was turned in a slush of accumulated garbage. Raja...
More »The rains may just sail the next government’s boat -Sanjoy Narayan
-The Hindustan Times Once the remaining two phases of India's seemingly never-ending elections are done and dusted and the results are declared, for whoever it might be that wins and gets to form the government, the first thing on the agenda should be to get down on their knees and pray to the rain gods and wish that the monsoon doesn't disappoint this year - that it comes on time and...
More »The political economy cycle in India-Pramit Bhattacharya
-Live Mint As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...
More »Worshipping false gods in India-Harsh Mander
-Live Mint In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most opinion polls rate Narendra Modi as the front-runner in the 2014 general election....
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