-Down to Earth At least 40 countries in Europe, North America, Asia, Oceania and Africa have been hit by the extreme natural disasters Extreme weather events have hit several parts of the world in the last few weeks: Europe and Asia have been ravaged by floods, North America by heat wave and Africa by drought. At least 40 countries in Europe, North America, Asia, Oceania and Africa have been hit by the devastating...
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Banks turn cautious on student loans -Sangeetha Kandavel and Sanjay Vijayakumar
-The Hindu There has been sharp rise in the NPAs amid COVID-19 pandemic With unemployment rising, the ability of those who have taken education loans to pay back has come down sharply. As a result, the non-performing assets (NPAs) have increased in the last one-and-a-half years. R. Nagarajan had taken a loan for his engineering course and started repaying it when he got a job at a start-up in the second half of...
More »Sharad Pawar Meets PM Modi, Flags Amit Shah's New Ministry -Akhilesh Sharma and Sunil Prabhu
-NDTV.com Apart from meeting PM Modi, Sharad Pawar, 80, also wrote him a letter, flagging concerns on the Ministry of Cooperation. New Delhi: Nationalist Congress Party (NCP) chief Sharad Pawar on SaturDay met with Prime Minister Narendra Modi at the latter's residence. During the meeting which lasted for about 50 minutes, the veteran politician raised concerns about the newly-formed Ministry of Cooperation which is headed by Amit Shah, and farmers' issues, sources...
More »Last resort: Indians in distress are selling gold & third wave could only make it worse -Swansy Afonso
-ThePrint.in The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of gold, unlike in 2020, when people chose to take out loans against gold. Mumbai: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he...
More »Making welfare conditional is a stamp of coercion -Suhrith Parthasarathy
-The Hindu A simple reading of U.P.’s draft population control law is that it will grossly impinge on the right to reproductive freedom On SunDay, the government of Uttar Pradesh released a “Population Policy” in which it stated its intention to bring the gross fertility rate in the State down from the existing 2.7 to 2.1 by 2026. To achieve this, the government says it will consider the enactment of a new...
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