-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...
More »SEARCH RESULT
Total Matching Records found : 275
No high five for RTE -Louis Georges Arsenault
-The Hindu Success stories from the right to education law give no joy when assessments show that children are ill-versed in the 3Rs and classrooms remain discriminatory Three years ago today, India, for the first time in history, made a promise to its children. With the Right of Children to Free and Compulsory Education coming into effect on April 1, 2010, every child was guaranteed the fundamental right to eight years of...
More »Nitish Kumar grants Bihar women 35% quota in police jobs -Santosh Singh
-The Indian Express Patna: In yet another attempt to consolidate his “caste-neutral” base among women, Bihar Chief Minister Nitish Kumar has announced 35 per cent reservation for them in police jobs. Bihar Police is estimated to have 43,000 job vacancies, including of 25,000 constables, over the next five years. "Reserving 35 per cent seats for women will be another step towards women empowerment that started with the government giving 50 per cent reservation...
More »Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon
-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...
More »Singapore stands tall against US in balancing growth with social and economic equity -Joseph Stiglitz
-The New York Times Inequality has been rising in most countries around the world, but it has played out in different ways across countries and regions. The US, it is increasingly recognised, has the sad distinction of being the most unequal advanced country. Singapore, meanwhile, has had the distinction of having prioritised social and economic equity while achieving very high rates of growth over the past 30 years: an example par excellence...
More »
