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: 73 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);
}
$message = '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: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 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 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 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: 74 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);
}
$message = '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: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 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 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 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 Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f100f6e3e29-trace').style.display = (document.getElementById('cakeErr67f100f6e3e29-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="cakeErr67f100f6e3e29-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f100f6e3e29-code').style.display = (document.getElementById('cakeErr67f100f6e3e29-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f100f6e3e29-context').style.display = (document.getElementById('cakeErr67f100f6e3e29-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f100f6e3e29-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="cakeErr67f100f6e3e29-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 36112, 'title' => 'Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'subheading' => '', 'description' => '<div align="justify"> -TheWeek.in<br /> <br /> Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /> <br /> The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> &quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /> <br /> Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /> <br /> The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /> <br /> Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'TheWeek.in, 22 March, 2018, https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684220, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 36112, 'metaTitle' => 'LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'metaKeywords' => 'wilful defaulters,Wilful defaults', 'metaDesc' => ' -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management...', 'disp' => '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />&quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36112, 'title' => 'Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'subheading' => '', 'description' => '<div align="justify"> -TheWeek.in<br /> <br /> Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /> <br /> The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> &quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /> <br /> Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /> <br /> The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /> <br /> Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'TheWeek.in, 22 March, 2018, https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684220, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36112 $metaTitle = 'LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana' $metaKeywords = 'wilful defaulters,Wilful defaults' $metaDesc = ' -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management...' $disp = '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />&quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 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/wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana | Im4change.org</title> <meta name="description" content=" -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Wilful defaults increased by 152 per cent during Modi regime -Vandana</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />"During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /> <br /> The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> &quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /> <br /> Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /> <br /> The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /> <br /> Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'TheWeek.in, 22 March, 2018, https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684220, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 36112, 'metaTitle' => 'LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'metaKeywords' => 'wilful defaulters,Wilful defaults', 'metaDesc' => ' -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management...', 'disp' => '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />&quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36112, 'title' => 'Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'subheading' => '', 'description' => '<div align="justify"> -TheWeek.in<br /> <br /> Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /> <br /> The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> &quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /> <br /> Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /> <br /> The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /> <br /> Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'TheWeek.in, 22 March, 2018, https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684220, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36112 $metaTitle = 'LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana' $metaKeywords = 'wilful defaulters,Wilful defaults' $metaDesc = ' -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management...' $disp = '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />&quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 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/wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana | Im4change.org</title> <meta name="description" content=" -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Wilful defaults increased by 152 per cent during Modi regime -Vandana</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />"During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /> <br /> The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> &quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. 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A new report prepared by Pinkerton &ndash; a risk management...', 'disp' => '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />&quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. 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It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36112, 'title' => 'Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'subheading' => '', 'description' => '<div align="justify"> -TheWeek.in<br /> <br /> Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /> <br /> The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> &quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /> <br /> Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /> <br /> The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /> <br /> Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'TheWeek.in, 22 March, 2018, https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684220, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36112 $metaTitle = 'LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana' $metaKeywords = 'wilful defaulters,Wilful defaults' $metaDesc = ' -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management...' $disp = '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton &ndash; a risk management consultancy along with PHD Chamber of Commerce and Industry &ndash; says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />&quot;During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters,&quot; says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 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/wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana | Im4change.org</title> <meta name="description" content=" -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Wilful defaults increased by 152 per cent during Modi regime -Vandana</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />"During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> "During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report.<br /> <br /> Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /> <br /> The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /> <br /> Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'TheWeek.in, 22 March, 2018, https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684220, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 36112, 'metaTitle' => 'LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'metaKeywords' => 'wilful defaulters,Wilful defaults', 'metaDesc' => ' -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management...', 'disp' => '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />"During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 36112, 'title' => 'Wilful defaults increased by 152 per cent during Modi regime -Vandana', 'subheading' => '', 'description' => '<div align="justify"> -TheWeek.in<br /> <br /> Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /> <br /> The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /> <br /> "During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report.<br /> <br /> Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /> <br /> The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /> <br /> Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'TheWeek.in, 22 March, 2018, https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'wilful-defaults-increased-by-152-per-cent-during-modi-regime-vandana-4684220', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4684220, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 36112 $metaTitle = 'LATEST NEWS UPDATES | Wilful defaults increased by 152 per cent during Modi regime -Vandana' $metaKeywords = 'wilful defaulters,Wilful defaults' $metaDesc = ' -TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management...' $disp = '<div align="justify">-TheWeek.in<br /><br />Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis.<br /><br />The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017.<br /><br />"During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report.<br /><br />Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks.<br /><br />The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived.<br /><br />Please <a href="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html" title="https://www.theweek.in/news/biz-tech/2018/03/22/wilful-defaults-shoot-up-by-152-per-cent-during-modi-regime.html">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Wilful defaults increased by 152 per cent during Modi regime -Vandana |
-TheWeek.in
Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis. The value of wilful defaults stood at Rs 99,954 crore in 2017, up from Rs 39,508 crore in 2014. In fact, the increased wilful default numbers have significantly contributed to the increased gross NPA numbers, inflating it from Rs 2,63,015 crore in 2014 to Rs 7,90,268 crore in 2017. "During the post global slowdown, the slow paced growth of industrial sector and the economy coupled with global developments eroded the repaying capacity of borrowers. This ultimately resulted in a steep surge in payment defaults, especially wilful payments defaults. If the health of the banking system is to be improved, it is crucial to tighten the regulatory noose on wilful defaulters," says the report. Number of wilful default cases too have gone up from 5092 in 2014 to 8651 cases in FY17. State-wise analysis of wilful defaults show that out of a total of 8651 cases, Maharashtra registered over 1600 cases, the highest among all states. This is followed by West Bengal, Delhi and Andhra Pradesh. Maximum number of wilful default cases have happened with nationalised banks, that too SBI and its associate banks. The report recommends improvement in credit sanctioning process of banks, including background verification before allocation of funds. It further recommends that government should avoid mass loan waivers as it encourages wilful defaults and leaves an impression that their loan repayment will be waived. Please click here to read more. |