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Don’t bank on it, yet -Paranjoy Guha Thakurta

-Deccan Chronicle On August 15, Prime Minister Narendra Modi announced the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme that will ensure that at least one member of each and every family in India not only has a bank account with a debit card, but is also provided an overdraft facility of Rs 5,000, a life insurance policy of Rs 30,000 and accident insurance cover of Rs 1,00,000. On August...

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Andhra Pradesh counters RBI's claims -Jinka Nagaraju

-The Times of India In a sternly-worded letter dashed off to the Reserve Bank of India (RBI), the Andhra Pradesh government has urged the institution to not underestimate the distressful conditions prevailing in the state for the past three years, which has forced as many as 6,792 farmers to commit suicide. The nine-page letter dated July 25, countering RBI's argument about AP reporting no cases of acute concern among farmers, has been...

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Controlling farmers' suicide: Toughest challenge for Telangana, Andhra governments -Manish

-The Times of India VISAKHAPATNAM: Among the many challenges before them, bringing down the number of farmer suicides might prove to be one of the toughest for the new governments of Andhra Pradesh and Telangana. As per the national crime records bureau ( NCRB) data, unified Andhra Pradesh was only second to Maharashtra in terms of suicides by self-employed persons in agriculture. While Maharashtra had witnessed around 3,146 deaths in 2013, it...

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How Much Can We Forgo To India Inc? -P Sainath

-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to Loan Waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...

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Loan Waiver should not be a patronage: MS Swaminathan

-The Hindu Increase productivity without compromising on ecology: Swaminathan Sangareddy (Andhra Pradesh): Renowned agriculture scientist M.S. Swaminathan opined that the proposed Loan Waiver for farmers in both Telangana and Andhra Pradesh should not be like a patronage and instead it should bring them out of the debt trap. Addressing a gathering and later the media at International Crops Research Institute for Semi- Arid Tropics (ICRISAT) at Patancheru on Monday after being named ICRISAT...

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