-The Hindu The World Bank said on Tuesday that the spike in ‘unmet demand’ for MGNREGA jobs is an indicator of increasing rural distress. Since the scheme is the only and therefore the best bet India has for mitigating the impact on the poor of the recent unseasonal rains, the government should take steps aimed at arresting delays in wage payments and the rising unmet demand for jobs. “If you are a...
More »SEARCH RESULT
Total Matching Records found : 3901
Killing a country’s ecology -Colin Gonsalves
-The Hindu The Environment Minister insists on clearing all hydro projects, even when the government itself earlier agreed that the Himalayas must be avoided for development work. A battle of epic proportions between the hydroelectric power companies and the people of Uttarakhand has now culminated with the struggle shifting to the office of the Prime Minister of India. It began with the extraordinary and far-sighted 2014 decision of the Supreme Court in...
More »Low rainfall may affect bank non-performing assets
-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset Quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...
More »Pronab Sen, Chairman of National Statistical Commission (NSC), interviewed by Indivjal Dhasmana on the new gross domestic product (GDP) data series
-Business Standard As critics find fault in the new gross domestic product (GDP) data, National Statistical Commission (NSC) Chairman Pronab Sen, heading a committee to review the methodology of the new series, tells Indivjal Dhasmana much of the criticism is due to the lack of information about the methodology and sourcing of the new data. Edited excerpts: NSC has appointed a committee under you to review the new GDP data. Has it...
More »Bumper crop mashes potato farmers’ hopes -Rutam Vora
-The Hindu Business Line Arrivals more than double at key markets as farmers resort to sell-off Ahmedabad: Potato farmers in Gujarat are a worried lot. With harvest being bumper and unseasonal rains affecting the Quality, potato prices have come down to one-third of what it was last year. The first estimate, as on February 2015, puts the country’s potato output at around 421 lakh tonnes (lt) – about 6 lt higher than last...
More »
