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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-trace').style.display = (document.getElementById('cakeErr6801dbc0837b3-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6801dbc0837b3-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-code').style.display = (document.getElementById('cakeErr6801dbc0837b3-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-context').style.display = (document.getElementById('cakeErr6801dbc0837b3-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6801dbc0837b3-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/>
</span></span></code></pre><pre id="cakeErr6801dbc0837b3-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
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-The Asian Age
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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 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme.
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More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed.
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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.
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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 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme.
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More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed.
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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.
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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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Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
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 88
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</pre></div></pre>latest-news-updates/clarity-on-loan-waivers-23372.html"/>
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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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<strong>Clarity on loan waivers</strong></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> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-trace').style.display = (document.getElementById('cakeErr6801dbc0837b3-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6801dbc0837b3-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-code').style.display = (document.getElementById('cakeErr6801dbc0837b3-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-context').style.display = (document.getElementById('cakeErr6801dbc0837b3-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6801dbc0837b3-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
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-The Asian Age
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<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.
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More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed.
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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.
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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 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme.
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More revealing is that medium and large units have a 50 per cent share in the non-performing assets that the banks have sacrificed.
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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.
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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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Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
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Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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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</pre></div></pre>latest-news-updates/clarity-on-loan-waivers-23372.html"/>
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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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<strong>Clarity on loan waivers</strong></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> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-trace').style.display = (document.getElementById('cakeErr6801dbc0837b3-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6801dbc0837b3-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-code').style.display = (document.getElementById('cakeErr6801dbc0837b3-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801dbc0837b3-context').style.display = (document.getElementById('cakeErr6801dbc0837b3-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6801dbc0837b3-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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</span></span></code></pre><pre id="cakeErr6801dbc0837b3-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
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-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.
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<strong>Clarity on loan waivers</strong></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> </font>
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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 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.
