-Livemint.com The Supreme Court has asked RBI to submit the information within six weeks New Delhi: The Supreme Court (SC) on Tuesday asked the Reserve Bank of India (RBI) to furnish details of companies that have defaulted on loans amounting to more than Rs.500 crore in sealed covers within six weeks. The court made the central bank a party to a 2005 case related to bad loans advanced to a few companies...
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Spluttering against TB -Chapal Mehra
-The Hindu India has close to 1,00,000 cases of drug-resistant TB, most of which remain undiagnosed and untreated. So India’s state of preparedness to fight DR TB remains questionable. In a small, airless room in Dharavi, Owais sat chatting with his wife and two children. Outside, the famous rains of Mumbai beat down relentlessly on the thousands of tiny rooms that dot Dharavi. “I hope it doesn’t flood,” said Owais’s wife as he...
More »Rs 69,355 crores of Debt that's killing Punjab farmers
-The Times of India PATIALA: The figure of Rs 70,000 crore cropped up frequently in 2015. This was the total amount that mutual fund firms invested in equity markets. This was also the amount that India offered to pay Russia to acquire anti-ballistic missile systems in what is considered the biggest defence deal between the two countries. Also, the Union finance minister proposed an increase in investment in infrastructure by Rs...
More »Rural households have higher Debt than urban counterparts: NSSO report -Jitendra
-Down to Earth The Debt in rural households is higher, even though their total assets are lesser than urban households A new survey by the National Sample Survey Organisation (NSSO) shows that rural households have higher Debts than their urban counterparts. At the same time, an urban household owns more than double the asset than that of a rural household. A rural household, on an average, owned assets of Rs 10...
More »The invisible drought -Harsh Mander
-The Indian Express We have turned our back to the intense food and drinking water distress across states India has transformed spectacularly in innumerable ways in the last two decades. One of the least noted changes is in the way the country — governments, the press and people — respond to drought and food scarcities. Back in the late-1980s, many states across India were reeling under back-to-back droughts for three consecutive years, not...
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