-The Hindu Business Line Both Andhra Pradesh and Telangana have reneged on loan waiver promises. When Messrs Chandrababu Naidu and K Chandrasekhar Rao, chief ministers of Andhra Pradesh and Telangana respectively, promised to waive farm loans, there was no reason to distrust them. The Election Commission clearly directed the politicians not to make any promises that could not be implemented. They thought all the farm loans would be written off once they formed...
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Intelligence Bureau raises red flag on farmer suicides in its report to PMO -Aman Sharma
-The Economic Times NEW DELHI: The Intelligence Bureau has termed loan waiver and relief packages for distressed farmers as "short-term" measures and said the issue of farmer suicides needs a comprehensive solution. In a report to the Prime Minister's Office last week, the IB said farmer suicide is on a rise in Maharashtra, Telangana, Karnataka and Punjab. It also pointed to suicides by debt-ridden farmers in Gujarat, UP and Tamil Nadu...
More »Farmer suicides PIL: Supreme Court asks centre, state government to file responses -Prabhati Nayak Mishra
-DNA Concerned about the increasing numbers of farmer suicides in Maharashtra's drought-hit areas, the Supreme Court on Thursday sought a response from the centre and state on a PIL seeking compensation of Rs 25,000 per hectare to the farmers whose crops have failed. The bench headed by chief justice of India H L Dattu sought their response on the PIL filed by Rakesh Uttamchandra Upadhyay, a lawyer, highlighting the plight of the...
More »Hailstorms hit Maharashtra yet again -Aparna Pallavi
-Down to Earth Several thousand hectares of crops stand destroyed Even as a team of experts gears up to study the situation of droughts in Maharashtra, heavy unseasonal rains and hailstorms have damaged an estimated 88,000 hectares of standing crops and orchards in the last few days. Nashik, Jalgaon, Dhule, Nandurbar and Sangli are the worst-affected districts. In Nashik, 38,000 hectares of grape crops have been completely damaged. Subhash Arve, vice president of...
More »Pranab Bardhan, emeritus professor of economics at the University of California at Berkeley interviewed by Pramit Bhattacharya
-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...
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