-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...
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Part of NCR, Mewat is most backward district -Mahendra K Singh
-The Times of India NEW DELHI: Mewat in Haryana is the most backward district of the country followed by Asifabad (Telangana), Singrauli (MP), Kiphire (Nagaland) and Shrawasti (UP), reveals Niti Aayog's ranking of 101 aspirational (backward) districts. The Aayog released the baseline ranking for 101 aspirational districts based on 49 indicators across five sectors that includes health and nutrition (30% weightage), education (30%), agriculture and water resources (20%), financial inclusion and skill...
More »Hype over Pad Man but India's Menstrual Woes Continue -R Sujatha and R Gopinath
-The Hindu Centre for Politics and Public Policy Menstrual hygiene, an essential building block of a woman’s health, suffers wanton neglect in India’s public discourse. Though public policies are in place, the progress made by India’s government, private, and civil society sectors is not in sync with the nation’s aspiration to be a global economic superpower. R. Sujatha, consultant on gender issues, and R. Gopinath, development economist, critique the steps taken,...
More »Maharashtra: Govt sees bitter truth in too much sugarcane -Shubhangi Khapre
-The Indian Express Highly-placed sources in the state government said, “The crop diversification model is region- wise taking into account the soil health and climate conditions that will evolve in a time-bound manner.” Mumbai: The Maharashtra government has decided to push a crop diversification model to create a better mechanism for demand and supply and higher renumeration for small and marginal farmers across state. The decision has come at a time of...
More »Wilful defaults increased by 152 per cent during Modi regime -Vandana
-TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis. The value of wilful defaults...
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