-PTI New Delhi: Heads of 11-state owned banks will apprise a parliamentary committee about the problems of mounting bad loans and increasing FRAud cases on Tuesday, sources said. They will be appearing before the Standing Committee on Finance, headed by veteran Congress leader M Veerappa Moily, which is looking into ‘Banking Sector in India- Issues, Challenges and the Way Forward, including Non- Performing Assets/ Stressed Assets in Banks/Financial Institutions’. Top officials of IDBI...
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In Chhattisgarh, a Piece of Paper Is Coming in the Way of a Vulnerable Tribe's Rights -Ambika Kapoor and Vipul Paikra
-TheWire.in Incorrectly listed as 'Korwas' instead of 'Pahari Korwas' on caste certificates, members of the Particularly Vulnerable Tribal Group continue to face roadblocks to schemes, subsidised healthcare and government jobs. Surguja (Chattisgarh): Sanak Sai, a nine-year-old Pahari Korwa from Chhattisgarh’s Govindpur village, met with an accident on May 28 while riding a bicycle. Suffering from a FRActured jaw and a few broken teeth, he was referred to the district hospital for a...
More »A long march of the dispossessed to Delhi -P Sainath
-RuralIndiaOnline.org Imagine a democratic protest where a million farmers, labourers and others march to the capital and compel discussion of the exploding crisis of the countryside in a special three-week session of Parliament India’s agrarian crisis has gone beyond the agrarian. It’s a crisis of society. Maybe even a civilizational crisis, with perhaps the largest body of small farmers and labourers on earth fighting to save their livelihoods. The agrarian crisis is no...
More »Lower returns on produce behind farmers' distress -Roshan Kishore
-Hindustan Times Profitability takes a hit as real MSPs have not risen over the years New Delhi: Most commentary around rural anger in India has been focused on either the sector’s growth performance or government spending on agriculture. Such analysis is likely to present an incomplete picture at best. Government spending on agriculture is a small FRAction of the total agricultural economic output. In 2017-18, the ministry of agriculture’s spending was less...
More »An adviser with nobody to advise -TCA Sharad Raghavan
-The Hindu Arvind Subramanian brought heft and pizzazz to his role as CEA — but who was listening? Arvind Subramanian has had quite a paradoxical tenure as the Chief Economic Adviser (CEA) to the Finance Minister. While he brought a lot of pizzazz and heft back to the usually staid Economic Surveys and lent his voice to a number of pressing economic issues, the government repeatedly failed to heed his advice or...
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