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Clarity on loan waivers

-The Asian Age Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme. More revealing is that medium and large units have...

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Mamata's potato politics sends prices crashing-Namrata Acharya

-The Business Standard Open market price cools down as chief minister orders cold storages to empty stock by December 15 Kolkata: The first big task in hand at the new address is a success. Sitting in the plush office at the 14th floor of the newly-inaugurated secretariat, by default facing one of the infrastructure marvels created in the predecessor regime, the Vivekananda Setu, Chief Minister Mamata Banerjee has finally reined in the intractable...

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Digitization seen reducing food theft in India’s PDS system- Kartikay Mehrotra

-Live Mint In the past year, ration cards are being replaced with smartcards that can track food doled out through the PDS system New Delhi: Mohanlal Kapoor, a street vendor in north India, holds a card entitling him to subsidized food for his wife and four children. To get supplies, the Kapoors must battle an estimated 15 million families in their state toting similar pieces of paper that they're not entitled...

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A lesson cooks in potato pot-Devadeep Purohit and Kinsuk Basu

-The Telegraph Kolkata: The Mamata Banerjee government should have calculated the costs of possible retaliation by other states before banning potato export from Bengal, agriculture experts have said. For now, no state has threatened a payback for the ban, clamped despite pleas from the chief ministers of Odisha and Assam after a shortage pushed up potato prices in Bengal. As the Bengal administration grapples with the problem, importers of essential foodstuff have sounded...

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Tit-for-tat plan in potato row -Sandip Bal

-The Telegraph Bhubaneswar: The Bengal government-designed potato shortage has prompted vegetable sellers in Odisha to plan a retaliation. The traders' associations in Balasore have threatened to detain trucks carrying essential commodities and fish from Andhra Pradesh and other states to Bengal on the national highway passing through this district in retaliation to the Bengal government's decision. Despite chief minister Naveen Patnaik requesting his counterpart in Bengal, the largest supplier of potato to Odisha,...

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