-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
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Delay can’t end graft cases: SC -R Balaji
-The Telegraph The Supreme Court has held that criminal cases, particularly corruption-related, cannot be quashed because of prolonged delay in trial. The recent ruling assumes significance against the backdrop of a PILe-up in cases and a perception fuelled by time lag that those charged with corruption usually get away lightly. The Supreme Court's decision came while it refused to quash a 27-year-old graft case filed by the anti-corruption bureau against the then deputy...
More »Implementation of RTE Act poor in state, say activists -Puja Pednekar
-The Hindustan Times Maharashtra has done a poor job of implementing the Right to Education (RTE) Act, said educationists, as the legislation completes three years on Monday. Activists said the state has not enforced more than 40% of the Act's provisions. To meet the March 31, 2013, Supreme Court deadline for the implementation of the Act, the education department hurriedly issued two government resolutions in February and March - the...
More »Bihar RTI activists cope with murder and ‘false cases’ -Santosh Singh
-The Indian Express Patna: RTI activists in Bihar say they are intimidated and threatened by the people they seek to expose, with five of them murdered since 2009. They have mounted pressure on the government to ensure their safety. Ram Kumar Thakur of Ratnauli, an RTI activist, a lawyer and the main witness in a vigilance case, was shot dead last week, the latest of the five murders. The FIR names Ratnauli...
More »Agriculture vs technology -Deepak Pental
-The Indian Express No country has ever achieved prosperity without engaging with science and technology (S&T). The ascent of the West and its global domination owes much to its prowess in S&T. In Asia, Japan and South Korea and more recently China have taken the highway to prosperity by mastering technology and effectively dealing with complexity. Chinese economist Justin Yufi Lin in his book The Quest for Prosperity has argued that...
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