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In five years, pvt banks see 450 per cent spike in bad loans -George Mathew

-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...

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High yield onions grown from night soil manure: ICAR -Krishna Kumar

-The Economic Times MUMBAI: An experiment by scientists at the Pune chapter of the Indian Council of Agricultural Research (ICAR) has found that manure extracted from night soil leads to high yield among onion crops as compared to that of chemical fertilisers or other manures. The research has enthused the tribal development department of Maharashtra that is now planning to get companies in the state that would collect this manure and sell...

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India's bureaucracy has failed its forest dwellers -Sanjiv Phansalkar

-VillageSquare.in The country’s particularly vulnerable tribal groups, who live mostly in dwindling forests, have not been well served by the government’s administrative machinery, but have slowly been reduced to virtual serfdom Max Weber, the 19thcentury German sociologist, had extolled the virtues of bureaucracy. India used to celebrate its steel frame governing the country for decades, and which continues to rule us till date, though it is unfashionable to sing its virtues any...

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Many sugar mills may not qualify for Centre's cane price assistance -TV Jayan

-The Hindu Business Line Did not meet stockholding conditions in February, March New Delhi: Nearly 40 per cent of the sugar mills in the country may not be able to take advantage of the recently-announced financial assistance package by the Centre. This is because many in the sector, which is reeling under a supply glut, may not fulfil an important eligibility condition. Sop with a rider Acting upon a recommendation made by a Group of...

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