-NDTV Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit taps remain shut....
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The numbers game -Puja Mehra
-The Hindu A structural break can be observed in the GDP back series before and after the year 2011-12 India’s national income statistics are under a cloud. The Central Statistics Office (CSO) has released official revisions of the GDP estimates for the years 2004-05 to 2013-14 in the Manmohan Singh-led government’s tenure. The revisions make the Narendra Modi government’s performance on the economic front appear better than that of its predecessor. In 2015,...
More »JICA team finds norms 'flouted' in Mumbai-Ahmedabad bullet train project
-The Hindu Japanese officials met farmers over land acquisition Ahmedabad: Officials of the Japan International Cooperation Agency (JICA), which is funding the Mumbai-Ahmedabad bullet train project, have apparently found violations of the agency’s guidelines in the process of land acquisition. The officials held a series of meetings with farmers and their representatives and also activists, who are opposing land acquisition for bullet train project. According to sources, a team of JICA officials is now...
More »Mid-day meals row in K'taka: Terminate Akshaya Patra's contract, demand activists -Dr. Nimeshika Jayachandran
-TheNewsMinute.com Jan Swasthya Abhiyan (JSA) and Right to Food Campaign have written to several departments including the MHRD, K’taka CM’s office, seeking Akshaya Patra’s contract to be terminated. Civil Rights organisations Jan Swasthya Abhiyan (People’s Health Movement) and Right to Food Campaign have written a letter to officials expressing their concerns over the recent controversy surrounding the Akshaya Patra foundation and its provision of midday meals. The Akshaya Patra foundation was recently...
More »Why income support, not farm loan waiver, may be better for all -Surojit Gupta
-The Times of India NEW DELHI: The election results in which BJP lost three key states have once again pointed to the agrarian crisis and triggered demands for loan waivers. Pressure on the Centre has intensified ahead of the 2019 polls and comes against the backdrop of a tight fiscal situation. The government has committed itself to meet the fiscal deficit target of 3.3% of GDP. In the aftermath of several states...
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