-Revitalising Rainfed Agriculture Millets are considered as smart crops that are resilient to climate Stress and have nutritional advantages. Odisha’s initiative in millets, from farm to plates, has been intervening through four verticals in production (with new agronomic practices), processing, marketing and consumption (includes awareness campaigns and also through inclusion in nutritional programmes). Odisha also started procurement of mandia/ragi (finger millet) since 2018-19. These have important lessons for other states in...
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Explained: Balance sheet of a bad bank -Sunny Verma and George Mathew
-The Indian Express As the problem of non-performing assets persists in a sector Stressed by the pandemic, the RBI Governor has agreed to look at a proposal for creating a bad bank. What are the arguments for and against the concept? Mumbai, New Delhi: The idea of setting up a bad bank to resolve the growing problem of non-performing assets (NPAs), or loans on which borrowers have defaulted, is back on the...
More »Save Punjab from desertification, move paddy-wheat to UP, Bihar, Bengal -- agronomist SS Johl -Samyak Pandey and Urjita Bhardwaj
-ThePrint.in 93-year-old Dr Johl explains why Punjab has been in an agrarian crisis for years, and how the lives of its Stressed farmers can be made easier. Ludhiana: If Punjab’s march towards desertification is to be stopped, the best way is to move the cultivation of wheat and paddy out to 50 lakh hectares of land in the Gangetic plains of Uttar Pradesh, Bihar and West Bengal, according to Dr Sardara Singh...
More »RBI Warns Gross NPAs of Banks May Escalate to 14.8% in September in Absence of Adequate Capital
-Moneylife.in While highlighting the need for proactive building up of adequate capital for banks to withstand possible asset quality deterioration, the Reserve Bank of India (RBI) has warned that the gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) may escalate to 14.8% under a severe Stress scenario. In its financial stability report (FSR), the central bank says, "Macro Stress tests incorporating the first advance estimates of gross domestic product (GDP) for...
More »Bad loans may hit 22-year high by Sept, RBI Stress tests show -Shayan Ghosh and Gopika Gopakumar
-Livemint.com The gross bad loan ratio of banks which stood at 7.5% as of 30 September, could almost double to 14.8% under a severe Stress scenario, RBI warns Indian banks’ bad loan ratio could rise to 13.5% under the baseline Stress scenario by September, the highest in more than 22 years, posing a risk to the broader economy, the Reserve Bank of India (RBI) said. The gross bad loan ratio of banks which...
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