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What ails the Indian banking sector? -Pronab Sen

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...

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Rs 15/litre diesel price hike burns a big hole in farmers' pockets -Anju Agnihotri Chaba

-The Indian Express But it may give a boost for S-SMS/Happy Seeder technology adoption to prevent paddy straw burning Jalandhar: Thakur Dyal Singh has never in the past raised the rates for operation of his combine harvester in farmers’ fields by more than Rs 100 per acre. Till around 2012-13, he was charging Rs 800-1,000 for harvesting, threshing and cleaning their paddy or wheat crop from one acre using his machine. In...

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Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)

-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...

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Bezwada Wilson, national convenor of the Safai Karamchari Andolan, interviewed by Ahan Penkar

-Caravan Magazine On 9 September 2018, five sanitation workers died due to inhalation of toxic fumes while cleaning a sewage tank in West Delhi. Several media reports regarding the incident noted that the men did not have any safety gear, indicating that the unavailability of equipment led to their death. The police reportedly registered a case against theengineer who was in charge of managing the sewage tank,under Sections 304 and 304A...

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The power of Kudumbashree -Brinda Karat

-The Hindu The Kerala model can be implemented across India with the same secular and gender-sensitive spirit Kumari died on September 1. She had contracted leptospirosis while doing relief work in Kerala after the floods, away from her own home which had not been affected. She was a health volunteer and prominent member of the Kudumbashree Mission in her panchayat in Ernakulum district. Kumari’s work and life symbolises the spirit of Kerala...

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