-The Indian Express Having discontinued funds for some welfare and freebie schemes launched by his predecessor, the chief minister claimed that his government was able to make provisions for the loan waiver by cutting down on “shashan ki fizulkharchi” (extravagant expenses of the government). Lucknow: The Yogi Adityanath government in Uttar Pradesh Tuesday presented its maiden Budget worth Rs 3,84,659 crore, 11 per cent more than the one presented by the previous...

-The Hindu Business Line 1.5 times the defence budget may be needed for unproductive animals: Economist Rawal New Delhi: The ban on cow slaughter can pose a serious threat to the Indian economy in the near future, as the country may have to spend 1.5 times its current Defence Budget to take care of an additional 27 crore unproductive animals annually, an agricultural economist has warned. Speaking at a function organised by Bhumi Adhikar Andolan, a...

-IndiaSpend.org   The failing economics of such farms–agricultural households in the south are most indebted–are exacerbated by additional loans that families take to meet health issues, leaving them with diminished ability to invest in farming. Nearly 70% of India’s 90 million agricultural households spend more than they earn on average each month, pushing them towards debt, which is now the primary reason in more than half of all suicides by farmers nationwide,...

-The New Indian Express THIRUVANANTHAPURAM: The Goods and Services Tax (GST), which is said to benefit Kerala in terms of life saving allopathic drugs, is set to spell doom for ayurvedic medicines and products with the proposed 12 per cent tax slab. With the high tax incidence, ayurvedic products and medicines will be out of reach of the common man. The doctors say most of the drugs used for degenerative diseases, allergy...

-TheWire.in The Indian farmer is not just a poor, helpless victim who deserves a waiver because he cannot pay. The root cause of the debt trap is that his income has not increased with rising expenditure due to state policies. As Punjab joins the list of states to declare farm loan waivers, the political scales are now heavily tilted in favour of this idea. The government of Telangana, followed by Andhra Pradesh,...