Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Clarity on loan waivers    </title>
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-The Asian Age



Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past..."/>
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-The Asian Age



Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past..." />
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                            <div align="justify">-The Asian Age</div><p align="justify"><br />Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme.</p><p align="justify">More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed.</p><p align="justify">India Inc is, however, in self-denial as it always decries the government's loan waiver scheme and sees it as one of the main reasons for the fiscal deficit. Some bad loans are admittedly due to the government's policy paralysis in the past two years, as infighting between ministries on issues like environment and land have delayed projects that over the years have led to bad loans. India Inc needs to tackle issues like their NPAs, the mollycoddling that RBI governor Raghuram Rajan says they don't need, and the huge revenues that the government foregoes while incentivising them to do their business. Our sister newspaper Financial Chronicle has computed that the government spends over `1 lakh crore annually by way of export subvention, duty remission and interest subvention to cajole exporters to export.</p><p align="justify">Dr Chakraborty's report is a wake-up call to the government to see how Corporate India can be more disciplined and efficient without mollycoddling. It could begin with making it easier to do business honestly in this country.</p>                                                           
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    <br><a href="http://www.asianage.com/editorial/clarity-loan-waivers-395" class="re" target="_blank">The Asian Age, 18 November, 2013, http://www.asianage.com/editorial/clarity-loan-waivers-395</a><div class="clear"></div>
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Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past..."/>
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Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past..." />
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    <h1 class="cat-box-title">Clarity on loan waivers</h1>
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                            <div align="justify">-The Asian Age</div><p align="justify"><br />Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme.</p><p align="justify">More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed.</p><p align="justify">India Inc is, however, in self-denial as it always decries the government's loan waiver scheme and sees it as one of the main reasons for the fiscal deficit. Some bad loans are admittedly due to the government's policy paralysis in the past two years, as infighting between ministries on issues like environment and land have delayed projects that over the years have led to bad loans. India Inc needs to tackle issues like their NPAs, the mollycoddling that RBI governor Raghuram Rajan says they don't need, and the huge revenues that the government foregoes while incentivising them to do their business. Our sister newspaper Financial Chronicle has computed that the government spends over `1 lakh crore annually by way of export subvention, duty remission and interest subvention to cajole exporters to export.</p><p align="justify">Dr Chakraborty's report is a wake-up call to the government to see how Corporate India can be more disciplined and efficient without mollycoddling. It could begin with making it easier to do business honestly in this country.</p>                                                           
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    <br><a href="http://www.asianage.com/editorial/clarity-loan-waivers-395" class="re" target="_blank">The Asian Age, 18 November, 2013, http://www.asianage.com/editorial/clarity-loan-waivers-395</a><div class="clear"></div>
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Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past..."/>
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    <h1 class="cat-box-title">Clarity on loan waivers</h1>
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                            <div align="justify">-The Asian Age</div><p align="justify"><br />Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme.</p><p align="justify">More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed.</p><p align="justify">India Inc is, however, in self-denial as it always decries the government's loan waiver scheme and sees it as one of the main reasons for the fiscal deficit. Some bad loans are admittedly due to the government's policy paralysis in the past two years, as infighting between ministries on issues like environment and land have delayed projects that over the years have led to bad loans. India Inc needs to tackle issues like their NPAs, the mollycoddling that RBI governor Raghuram Rajan says they don't need, and the huge revenues that the government foregoes while incentivising them to do their business. Our sister newspaper Financial Chronicle has computed that the government spends over `1 lakh crore annually by way of export subvention, duty remission and interest subvention to cajole exporters to export.</p><p align="justify">Dr Chakraborty's report is a wake-up call to the government to see how Corporate India can be more disciplined and efficient without mollycoddling. It could begin with making it easier to do business honestly in this country.</p>                                                           
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    <br><a href="http://www.asianage.com/editorial/clarity-loan-waivers-395" class="re" target="_blank">The Asian Age, 18 November, 2013, http://www.asianage.com/editorial/clarity-loan-waivers-395</a><div class="clear"></div>
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Home हिन्दी

Clarity on loan waivers

Published on Nov 19, 2013   Modified on Nov 19, 2013

-The Asian Age Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme. More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed. India Inc is, however, in self-denial as it always decries the government's loan waiver scheme and sees it as one of the main reasons for the fiscal deficit. Some bad loans are admittedly due to the government's policy paralysis in the past two years, as infighting between ministries on issues like environment and land have delayed projects that over the years have led to bad loans. India Inc needs to tackle issues like their NPAs, the mollycoddling that RBI governor Raghuram Rajan says they don't need, and the huge revenues that the government foregoes while incentivising them to do their business. Our sister newspaper Financial Chronicle has computed that the government spends over `1 lakh crore annually by way of export subvention, duty remission and interest subvention to cajole exporters to export. Dr Chakraborty's report is a wake-up call to the government to see how Corporate India can be more disciplined and efficient without mollycoddling. It could begin with making it easier to do business honestly in this country.

The Asian Age, 18 November, 2013, http://www.asianage.com/editorial/clarity-loan-waivers-395

Tagged with: banking Loan Waiver

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• Moving Upstream: Luni – Fellowship
• 135 Million Indians Exited “Multidimensional" Poverty as per Government...
• Explainer: Why are Tomato Prices on Fire?
• NSSO Survey: Only 39.1% of all Households have Drinking...
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Im4Change.org हिंदी वेबसाइट का परिचय. Short Video on im4change.org...

"Session 1: Scope of IDEA and AgriStack" in Exploring...

"Session 2: Farmer Centric Digitalisation in Agriculture" in Exploring...

"Session 3: Future of Digitalisation in Agriculture" in Exploring...

• Public Spending on Agriculture in India (Source: Foundation for...
• Agrarian Change Seminar: 'Protests against the New Farm Laws...
• Webinar: Ramrao - The Story of India's Farm Crisis...
• Water and Agricultural Transformation in India: A Symbiotic Relationship...
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