-GoI Monitor The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help? THE RESERVE Bank of India (RBI) has decided to act against 12 big Corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list...

-The Telegraph New Delhi: The Congress today alleged that the Narendra Modi government was testing the waters on bringing agricultural income within the tax ambit and declared its intention to build a movement of farmers if the idea was implemented. "This government is harassing industrialists, traders, students, political rivals... only one section of the society was left, that is farmers," Congress leader Ghulam Nabi Azad said. "The statements coming from important people in...

-Frontline.in The British government, on the basis of an 1891 report on the subhuman living conditions of “Pariahs” by James H.A. Tremenheere, Acting Collector of Chengleput, assigned 12 lakh acres of land for distribution to the “depressed classes” of the Madras Presidency to empower them socially and economically. But more than 100 years later, much of this land is in the possession of non-Dalits, and the struggle to reclaim them has...

-VillageSquare.in Recent amendments to laws that govern the use of land owned by tribals in Jharkhand has led to a rash of protests because local communities feel that they might lose their land and livelihoods to industrial development Last year in May, when the Jharkhand government announced to remove handcuffs from all the statues and pictures of Birsa Munda, the indigenous people of the state lauded the newly appointed first non-tribal chief...

-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...