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Punjab opens its heart - and purse - to farmers -Sanjeeb Mukherjee & Archis Mohan

-Business Standard Instead of addressing systemic problems in agriculture, farm politics in the state is about how much money the government can offer the farmer as a dole The Shiromani Akali Dal (SAD), led by Parkash Singh Badal and son Sukhbir, was in a dilemma a year before the 2012 Assembly elections in Punjab. The Akalis had ruled Punjab since 2007 but no party had ever returned to power for a second...

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Karnataka's dropout RATe dips as midday meals lure kids -Shilpa Baburaj

-The Times of India Bengaluru: Midday meals and nutritious milk seem to have done the trick. Not many students are leaving government schools in Karnataka these days due to effective retention stRATegies, say experts. The number of out-of-school children has come down to 90,000 in 2016 from 7,00,000 in 2001, according to Sarva Shiksha Abhiyaan (SSA) officials. The number of dropouts in 2015-16 was 12,878. Paradoxically, enrolment in government schools, which are in...

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Govt to focus on execution, go slow on new scheme launches -Nivedita Mookerji

-The Indian Express Instead of announcing new schemes, focus to be on those already announced and key sectors As the Prime Minister Narendra Modi-led National DemocRATic Alliance (NDA) government pads up to enter its third year in office, its focus would be on key areas such as banking, defence, retail, manufacturing, infrastructure and job creation. If the first two years were about announcing signature schemes and campaigns, and setting the agenda for the...

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Limited outreach of subsidised crop loan scheme among small & marginal farmers

The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

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In FY15, banks with high NPAs rejected more RTI requests -Surabhi

-The Hindu Business Line IOB, BoB and Canara Bank lead, finds study by Commonwealth Human Rights Initiatives   New Delhi: As the Finance Ministry and the central bank try to clean up the balance sheets of troubled public sector lenders, a new study has found that banks that saw a sharp rise in bad loans in 2014-15 were not very forthcoming with information requests by the public. While noting that there was “no positive...

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