-Deccan Chronicle The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest. New Delhi: The Modi Government may have to get battle ready soon for cleaning up the Mudra loan mess that has added to the concerns of the banking system. The plan to create “job creators and not job seekers” by disbursing massive credit to micro and small...

-The Hindu Business Line After Allahabad HC rebuff, power firms look for govt lifeline Mumbai: About 70 companies with a combined debt of approximately ?3.6-lakh crore face insolvency proceedings, with the deadline imposed by the Reserve Bank of India ending on Monday. These companies did not get any legal relief as the Allahabad High Court declined to stay the RBI’s February circular instructing banks to take all large accounts above ?2,000 crore...

-National Herald The police acted in gross violation of the law, killing 13 people; the judiciary failed the people and the media spread canards      The targeted shooting of peaceful demonstrators in Thoothukudi (also known as Tuticorin), which resulted in the Tamil Nadu Police killing 13 people in cold blood, and injuring scores of others, and the subsequent brutal crackdown on civilians, points to a sinister collusion between the owners of Sterlite...

-TheWeek.in Noted ecologist Madhav Gadgil blames the “law-flouting” state Government for the devastation in Kerala. The Western Ghats Ecology Expert Panel (WGEEP), headed by Gadgil in 2011, had suggested measures to preserve the ecologically frail Ghats. But, the Kerala Government, like the other five states, chose to reject the report. Having suffered such devastation, Gadgil feels that the state should survey the “ecologically sensitive zones” that have been compromised due to...

-The Hindu Business Line The rejection of the the Gadgil panel report, by all the six States along the Western Ghats, has proved to be a costly error The floods of catastrophic dimensions that ravaged Kerala recently have brought into sharp focus the all-round ecological destruction caused by human interference in the State’s hilly terrains. The fact that there were 12 major landslides and hundreds of minor ones within a fortnight in the...