-The Times of India MUMBAI: Private sector bankers say that if NDTV's loan settlement with ICICI Bank is termed criminal, it could hit resolution of bad debts. The concerns follow the Central Bureau of Investigation (CBI) alleging that ICICI Bank officials may have caused wrongful gains to NDTV promoters by agreeing to cut the interest rate to settle the loan. "Settlement of any stressed loan involves some sacrifice by the banker. Often...
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UP farm loan write-off sowed seeds of stir?
-The Times of India Demands for loan write-offs being stonewalled by the government seems to be the primary reason driving the country's farm folk to protests that are periodically degenerating into violence. Additionally, the governments' unwillingness to increase the minimum support price (MSP) to check food-induced inflation that would impact voters, too, could be a factor. While UP government's decision on April 12 to announce loan waiver for the state's THRee crore farmers...
More »Rajasthan signs MoU to battle child malnutrition
-The Hindu Jaipur: The Rajasthan government has signed a memorandum of understanding with THRee funding agencies to improve the nutritional status of children in 50 blocks of 20 districts. The new MoU was signed by the National Health Mission’s (NHM) State unit and the State Women and Child Development Department with the Tata Trust, Action Contre La Faim (Action Against Hunger) of France and the Global Alliance for Improved Nutrition (GAIN) on...
More »Govt abandons goal of training 500 million people in new skills by 2022 -Prashant K Nanda
-Livemint.com Skill development ministry, led by Rajiv Pratap Rudy, has refused to spell out a new number that the government and its ministries will chase New Delhi: The government has abandoned its goal of training 500 million people in new skills by 2022, in a clear shift in strategy. Skill development ministry officials, at a press conference in New Delhi on Tuesday, also refused to spell out a new number that the Union...
More »It's a farmers' movement in Maharashtra, not a strike -Yogendra Yadav
-The Tribune Farmers are determined to take it to a logical conclusion SOMETHING unusual happened last week. Farmers in Maharashtra organised an amazing ‘strike’. Last month farmers in a village of Ahmednagar decided that they would stop sending their produce — food grains, vegetables, etc. — to cities from June 1. Soon, the call was adopted by the farmers of the entire district. Before anyone could realise, this resolve had extended to...
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