-The Hindu Bubble createdby them resulted in high NPAs Banks caused a bubble, failed to do due diligence and lent more than what was warranted to developers, and this has led to the high Non-Performing Assets (NPA) arising out of the road sector, Road Secretary Vijay Chhibber told The Hindu in an exclusive interview on Wednesday. “The banks have killed the road sector,” he said. “There was a bubble because the banks would...
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Modi sees land bill freeze loss for east -Radhika Ramaseshan
-The Telegraph New Delhi: Prime Minister Narendra Modi believes that the biggest losers of the deadlock over the Centre's land acquisition bill would be Bengal, Odisha and Bihar, sources close to him have said. Whether the bill is blocked or passed in a watered-down version, it will hobble his ambitions of bringing the eastern states on a par economically with the western states, they explained. If the Modi government fails to evolve a...
More »India Inc fails to touch 50% mark on PM's toilet target -Akshaya Mukul
-The Times of India NEW DELHI: Corporate India and public sector undertakings are likely to fail Narendra Modi government's ambitious plan to have toilet in each and every school. With the August 15 deadline fast approaching, HRD ministry has decided to take help of state governments and if need be get directly involved in construction of toilets. A senior HRD official said, "Eleven big corporates, 67 public sector undertakings including banks had...
More »Here's why India may be on the brink of an unprecedented full-blown water crisis -Rahul Sachitanand & Sandhya Ravishankar
-The Economic Times A Steel wheelchair occupies pride of place in the home of A Swami, a resident of Kottala village in Nalgonda district of Telangana. When you walk into the small two-room dwelling, you immediately see why. Swami is barely a couple of feet tall, with an outsize head and a shrunken body. He contracted fluorosis as a baby and that stunted both his mental and physical progress. The government's balm...
More »IIT-Roorkee scientists design quake-resistant house from used tyres -Vanita Shrivastava
-Hindustan Times Scientists at IIT Roorkee have come up with a new construction technique for earthquake resistant housing using recycled pieces of rubber tyres and the scheme is based on the principle of dissipating energy. Pankaj Agarwal of the department of earthquake engineering, IIT Roorkee told HT: “This is based on interlocking of pre-cast slotted concrete blocks with the help of energy dissipation links. These links are prepared by recycling pieces of...
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