-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...
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Agriculture 2022: will the dream come true? -Siraj Hussain
-Livemint.com The strategy for doubling farmer incomes will differ from state to state, and from one region to another even within a state After two consecutive years of drought, in 2014-15 and 2015-16, farmers of many crops were hit by low market prices in several states in 2016-17. In view of widespread discontent, there is a sense of urgency about addressing their issues. Therefore, the conference organized by the ministry of agriculture...
More »Indian Banking: Current Challenges & Alternatives for the Future -CP Chandrasekhar and Jayati Ghosh
-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...
More »Aadhaar-for-food can't be a mandatory requirement -Swati Narayan
-Hindustan Times Prioritise universal access of food grains since those dying of starvation are mainly the marginalised Forty-four-year-old mother, Amir Jahan, epitomised gallantry this Republic Day. There was not a morsel of food at home. So, while the nation celebrated, she quietly borrowed six rotis from a neighbour and distributed them equally among her three daughters, though she hadn’t eaten for four days. That night Amir died of starvation. In the first month...
More »Issues of Marginalized Sections: Analysis of Union Budget 2018-19 by Delhi Solidarity Group
-Press Release by National Alliance of People's Movements (NAPM) The Delhi Solidarity Group (DSG) has come out with a critique of the Union Budget 2018-19. Please click here to access the report by DSG entitled: Issues of Marginalized Sections: Analysis from the perspectives of Handloom, Fisheries, Dalits, Adivasis, Forest, Agriculture, Banking and Financing, Urban Housing, Rural Development, Land & Higher Education. The following civil society organizations have contributed for the preparation...
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