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Is loan waiver a panacea for rural distress? -Nilanjan Banik

-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of farm loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....

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India's GDP grows 7.7% in Q4, retains fastest growing economy tag

-PTI NEW DELHI: India's GDP grew at the fastest pace in seven quarters at 7.7 per cent in January-March, retaining the fastest growing major economy tag on robust performance by manufacturing and service SECtors as well as good farm output. India's economic expansion at 7.7 per cent was significantly higher than China's 6.8 per cent in the January-March period. However, the Indian economy on yearly basis grew at a four-year low of 6.7...

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Passing off Politics as Economics -Puja Mehra

-The Hindu Centre for Politics and Public Policy As Prime Minister Narendra Modi completes four years in office this month, it is becoming increasingly clear that his government has fallen short on the promises made during the 2014 election campaign. The economy has performed below expectations, and some of the economic metrics today are weaker than what the country witnessed in the last years – labelled the ‘policy paralysis’ phase –...

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The ugly phenomenon of paid news -Paranjoy Guha Thakurta

-The Tribune The CobraPost sting reveals that the independence of the media and its ability to bring about transparency by playing an adversarial role against the establishment get compromised because of corruption within the folds of the media itself. The  sting operations conducted by CobraPost, among other things, highlight how pervasive the phenomenon of paid news is at present in much of the mainstream media in India. Corruption in the media is...

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River Sutra -R Selvam

-The Indian Express International treaties hold lessons for the Cauvery dispute. More than 80 per cent of Indian rivers are inter-state rivers. According to the Central Water Commission, there are 125 inter-state water agreements in India. Many of these agreements are more than 100 years old and had been executed without seriously considering socio-economic, political and geographical factors. These treaties have now become permanent sources of problems for many states. Continuous redrawing...

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