-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...

It was a Rashomon moment for the readers of the First Common Review Mission report when they heard activists complaining about the pension system of Rajasthan during a recent press conference held in the capital. The First Common Review Mission (CRM) report, which was prepared during the month of May this year by a team of 32 experts had observed that pension related payments under the National Social Assistance Programmes (NSAP)...

-Livemint.com Govt’s plan to cover 80% farmers falling apart as banks have disbursed loans to only 3.1 million farmers in the kharif season Mumbai: Maharashtra government’s plan to cover 80% of the state’s 13.7 million farmers under institutionalised crop credit in 2016-17 seems to be falling apart. By 30 June, a large network of public, private and district co-operative banks had disbursed crop loans to only 3.1 million farmers in the...

-Livemint.com Economist Joseph Stiglitz says govt clampdown on NGOs such as Greenpeace and Ford Foundation and the JNU row shine a poor light on India globally Bengaluru: Nobel Prize-winning economist Joseph Stiglitz has a blunt message for Prime Minster Narendra Modi: India has an image problem after the government’s clampdown on non-governmental organizations (NGOs) and its actions against students of Jawaharlal Nehru University (JNU). “Some issues have got a lot of public...

-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...