-The Hindu Asks PMO to frame law for it The Central Vigilance Commission (CVC) has urged the Prime Minister’s Office to bring private sector banks under its watch, citing the fact that they have been involved in many recent instances of malfeasance. Vigilance officers in all State-owned public sector banks are required to report irregularities and possible wrongdoing to the CVC, India’s apex body for checking corruption in the government. Private sector banks...
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All Kerala, Mizoram households are open defecation free -Priscilla Jebaraj
-The Hindu Only 44% of households in Bihar, U.P. use toilets 100% of the time: survey Kerala and Mizoram top the list of States, with 100% of households which do not practise open defecation, while Uttar Pradesh and Bihar are at the bottom of the rankings, with less than 44% of such households, The Hindu’s analysis of the raw data generated by a government-commissioned survey finds. Sixty eight per cent of rural households...
More »Corporates make 73% of public sector bank bad loans -Sunny Verma
-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
More »Unseen victims of farm distress -TV Jayan
-The Hindu Business Line Kota Neelima digs into farmer suicide cases to chronicle lives often labelled as collateral damage In last November, when All India Kisan Sangharsh Coordination Committee, an umbrella organisation of around 190 farmer groups from across the country, organised a Kisan Mukti Sansad in Delhi, there was one event that moved almost everyone of thousands present there. About two dozens children of those farmers who had committed suicide in...
More »Why do farmers go marching? -Aarati Krishnan
-The Hindu Farm distress is increasingly being triggered by excess output and falling prices, but policy fixes are yet to address this Why are Indian farmers perpetually in revolt? The question has been raised by many after the recent farmers’ march to Mumbai and simmering rebellions across the States in recent years. No doubt, agriculture is one segment of the economy on which vote-conscious governments haven’t skimped on outlays. Over the years, Central...
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