-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...
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The inexplicable silence-Arun Mohan Sukumar
-The Hindu The Congress has steered clear of any debate on the AFSPA, leaving a politically untenable choice for the next government: repeal the Act or leave it untouched With its recent decision to extend the implementation of the Armed Forces Special Powers Act in Manipur by another year, the United Progressive Alliance's opportunistic posturing on the legislation has come full circle. The UPA's rendezvous with the AFSPA began months after it...
More »Private hospitals perform fake surgeries to claim thousands in insurance cover -Dheeraj Tiwari
-The Economic Times Nazia is 10 years old. But, according to a claim filed by Chhattisgarh-based Shaheed Hospital with the Rashtriya Swasthya Bima Yojna (RSBY), she has delivered a baby after a caesarean operation. Mukul (name changed) is only 7. But Agarwal Hospital, Raipur, has made a claim for removing cataract from his eyes. A large number of similar implausible claims, being made by private hospitals enrolled to treat poor patients under...
More »‘Perfect storm’ that shook
-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...
More »No Guarantee of Food Security in Children’s Incredible India by Razia Ismail
India’s decision-makers seem to find it difficult to see that there are children in the country. Being unable to see them, they are unable to perceive that they are hungry. In an age when we are able to use euphemisms like ‘under-nutrition’, this is perhaps not surprising. But it is disgraceful none the less. This country has a large population of children. Fortyone per cent of its total numbers. The national...
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