-The Indian Express Among private banks, ICICI Bank, WHOse MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from...
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In Assam, a government-appointed panel suggests farmland be reserved for 'indigenous people' -Arunabh Saikia
-Scroll.in The committee goes on to list the ‘basic elements’ that make an individual indigenous to Assam. The transfer of agricultural land should be restricted to people indigenous to the state, a committee appointed by the Assam government in February 2017 for “ensuring the protection of land rights of indigenous people” has recommended in a report submitted in January. The Bharatiya Janata Party government in the state has said that it...
More »Farm, Fractured -V Kumara Swamy
-The Telegraph As Prime Minister Narendra Modi prepares to mark his fourth anniversary in power, V. Kumara Swamy takes stock of how hollow his promises to farmers have been. Will there be a price to pay? Hemant Patidar, a farmer, has been camping at the Mandsaur mandi in Madhya Pradesh with 15 quintals of “good quality” garlic for more than a week now. The price has been on a downslide for the...
More »Set to lose farms to bullet train: Maharashtra's tribals protest dilution of land alienation laws -Kavitha Iyer
-The Indian Express The bullet train project, kicked off after discussions between PM Narendra Modi and his Japanese counterpart Shinzo Abe, is being built with a Rs 88,000-crore soft loan from Japan International Cooperation Agency (JICA). Mumbai: EARLY this month, Raghunath Sutar (32), a Warli tribal from Dahanu taluka in Palghar district, was at the office of the district collector when his neighbours in Sakhare village sent him WhatsApp messages and...
More »A triple blow to job guarantee scheme -Rajendran Narayanan & Madhubala Pothula
-The Hindu A lack of sufficient funds, rampant payment delays and abysmal wage rates are to blame The ?11,000 crore fraud that diamond merchant Nirav Modi is said to have created is a figure that needs to be put in perspective. The total amount of wages pending under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme for the WHOle country (2016-17) was around ?11,000 crore too. This sum is a...
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