-Press release by Right to Food Campaign dated 28 September, 2018 Exactly a year ago, 11-year-old Santoshi Kumari of Simdega died of starvation while asking her mother for rice. Her family’s ration card was cancelled for not being linked to Aadhaar. In the last one year, at least 15 people have died due to hunger. Of these, 6 were Adivasis, 4 Dalits, and 5 of backward castes. All these deaths happened...
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No escaping the debt trap!
-The New Indian Express A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling to repay their loans on time. HYDERABAD: Every successive government has implemented scheme after scheme “to save” the debt-ridden farmer, yet none of them seem to have made any impact. A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling...
More »The failure of Swachch Bharat Abhiyan: we need a better way to manage trash -Mohan Guruswamy
-National Herald Four years after the Prime Minister announced the Swachch Bharat Abhiyan with much fanfare, it is apparent that we cannot clean up the rotting trash that has become so common on our streets Four years after the Prime Minister announced the Swachch Bharat Abhiyan with much fanfare, it is apparent that we cannot clean up the rotting trash that has become so common on our streets all over the country?...
More »What ails the Indian banking sector? -Pronab Sen
-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...
More »Household savings in banks dip for first time in four decades -Sunitha Natti
-The New Indian Express For the first time in four decades, bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. MUMBAI: For the first time in four decades, bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. The startling downfall of bank deposits is a first, at...
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