Madhya Pradesh, Chhattisgarh farm loan waivers: Politics of sops can kill an economy; fiscal indiscipline no pathway for poll wins

-
Farm loan waivers are not new to the Indian economy. In 2008-09, the UPA-I government announced a farm loan waiver of Rs 60,000 crore. It hit the exchequer, and not the banks, but it distorted the credit culture since it discouraged farmers from paying up their dues.

from Latest News India on Firstpost https://ift.tt/2A3Fojn
FP Staff

Comments

Post a Comment

Popular posts from this blog

Coronavirus outbreak: 2,826 under observation in Kerala; majority from Malappuram, followed by Kozhikode, Ernakulam, Thrissur

-
Image
Thiruvananthapuram : Over 2,800 people are under observation in Kerala for the novel coronavirus infection and no new cases have been reported, Kerala Health Minister KK Shailaja said. India's three positive cases for the virus have been reported from Thrissur, Alappuzuha and Kasaragod districts. At least 2,826 people are under surveillance in the state as of Thursday, a press release quoting the minister said. Of this, 2,743 are under home quarantine and 83 are in isolation wards of various hospitals, a press release quoting the minister said tonight. The samples of at least 263 people, who have shown minor symptoms for the virus, have been sent to the National Institute of Virology at Pune and results of 229 samples came out negative, according to the release. There is no cause for any concern with regard to those who are under observation in hospitals, including three foreign nationals, the release said. The health department has trained staff from even other departments a...
Read more

Home Minister Amit Shah has recovered, likely to be discharged in short time, says AIIMS

-
New Delhi: Union Home Minister Amit Shah, who was admitted to AIIMS-Delhi on 18 August for post-COVID care, has recovered and is likely to be discharged in a short time, hospital authorities said on Saturday. "Amit Shah, Union Home Minister, is admitted at AIIMS, New Delhi for post-COVID care. He has recovered and is likelyto be discharged in a short time," the AIIMS said in a statement. On 2 August, Shah, 55, had said on Twitter that he had tested positive for COVID-19. He had undergone treatment for the coronavirus infection at Medanta Hospital and was discharged after he tested negative for the disease. According to an earlier statement by AIIMS, he was admitted to the hospital on 18  August following complaints of fatigue and body aches, days after his discharge. from Firstpost India Latest News https://ift.tt/3lwgLlu Press Trust of India
Read more