-The Indian Express Whichever party wins the election, the real long-term challenge is to stem the rot of institutional foundations. The headlines say that the ruling party manifesto emphasises nationalism (“nation first”), and, on the economic front, it will aspire to make India the third-largest economy in the world by the end of the next decade, to make it reach the list of top 50 countries in the ranking of Ease...
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Farm INCome support, a silver bullet? -Radheshyam Jadhav, Vishwanath Kulkarni, Rutam Vora, V Sajeev Kumar, KV Kurmanath, TV Jayan and A Srinivas
-The Hindu Business Line After failed efforts to placate angry farmers, the Centre and various States have launched INCome-support schemes. BusinessLine reports Let’s rewind to mid-2017, when onion farmers in Ahmednagar, Maharashtra, took to the streets. The protests spread like wildfire to Madhya Pradesh. In northern Karnataka, pulses growers were up in arms against crashing prices. Minimum support prices were not holding up. Flustered governments began to trot out loan waivers as...
More »MS Swaminathan, father of Green Revolution, interviewed by Vishwanath Kulkarni (The Hindu Business Line)
-The Hindu Business Line Eminent agriculture scientist MS Swaminathan, Chairman of the much discussed Farmers’ Commission whose report mooted an MSP at 50 per cent above cost, feels that INCome support can be given in the form of free inputs or higher procurement as well. While welcoming ‘PM-Kisan’, he says cash transfer should not become a form of patronage and that the focus should shift from loan write-offs to long-term policies....
More »Uttarakhand's rivers quench the thirst of millions while its residents face water shortage -Mayank Aggarwal
-Mongabay.com * Uttarakhand has vast water resources and is a lifeline for millions of people living in downstream areas. However, many areas in the state are facing a water shortage. * The hill state is going to polls in the first phase of the 2019 Lok Sabha elections on April 11. In some constituencies, voters, dissatisfied with authorities for failing to provide water facilities, aim to register their protests, by boycotting the...
More »The self-employment conundrum -Arindam Gupta
-The Telegraph Funding small entrepreneurs will require more bank loans, preferably collateral-free, which will generate more NPAs The government has been compelling banks to adopt a softer lending policy to promote self-employment. The Pradhan Mantri Mudra Yojana, launched in 2015, provides collateral-free loans to small entrepreneurs outside the farming sector in three categories: Rs 50,000 loan in the ‘Shishu’, Rs 5,00,000 in the ‘Kishore’ and Rs 10,00,000 in the ‘Tarun’ segments respectively....
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