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Mudra loans a big scandal in banking system

-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...

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Changing rainfall patterns cause for worry in India -Nidhi Jamwal

-India Climate Dialogue The meteorological department’s analysis of annual rainfall for the past 50 years has found significant increasing or decreasing trends in districts that could put a spanner into India’s food security scenario. Since June 13, there has been a hiatus in the advance of southwest monsoon in the country due to the weakening of its circulation pattern. This dry spell is expected to soon change as the monsoon is likely...

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Banks can wipe out your money -BR Muralidharan

-Deccan Chronicle Bail-in clause in the proposed law can make you lose your rights on your bank deposits. As part of a host of banking reforms, the Central government has approved a bill in June 2017 to enact a new law framing rules for the resolution of failing banks, whose details that surfaced on social media made all bank depositors a worried lot. If the government goes ahead with this move, it...

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India's children need a better deal -V Ramani

-The Indian Express For a country that aims to be a regional power, the data on child nutrition confirms that the situation is abysmal. Save for Bihar, six of the seven states with the highest incidence of stunting, for example, are ruled by the BJP or the BJP and its allies – Uttar Pradesh, Jharkhand, Meghalaya, Madhya Pradesh, Rajasthan, Gujarat and Bihar. After an agonising wait of over ten years, the...

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Ragi, millets are most nutritious: Experts -Nisha Ponthathil

-Deccan Chronicle Expert said that extra efforts have to be put in to create awareness to take care of pregnant women and babies to avoid malnutrition. Chennai: A lack of awareness on the nutritional value, a superstitious fear that one may become dark and the lack of interest in the taste of ragi and millets are a few reasons why many people in urban as well as rural Tamil Nadu prefer rice. Though...

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