-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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Take Steps to Prevent Farmer Suicides -Charan Singh and CL Dadhich
-The New Indian Express The problem of farmer suicides has assumed a serious proporition. The toll is increasing year after year. According to the National Crime Record Bureau (NCRB), as many as 5,650 farmers committed suicide in India last year. This works out to one farmer suicide in every 100 villages or one farmer suicide in every block in the country last year. State-wise, Maharashtra accounted for the highest number of...
More »Govt to spend Rs 19,000 cr more on social sector over Budget estimates -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard The government has sought parliamentary approval for an extra Rs 18,995 crore social sectors during 2015-16, almost half of the total extra spending asked for over the Budget Estimates (BE). In a supplementary demand for grants, tabled in Parliament last week, the government placed additional expenditure for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), National Food Security Act (NFSA), Swachh Bharat Abhiyan, drinking water scheme, Pradhan Mantri Gram...
More »Green plan for highways: 1% project cost to be set aside to plant trees -Anil Sasi & Sharmistha Mukherjee
-The Indian Express Planting fruit-bearing trees specific to the region can aid revenue generation The road ministry has finalised a “green highways” policy to “tree-line” 140,000 kilometres of national highways. Under this policy, one per cent of the civil cost of national highway development projects will have to be set aside for the planting of trees in a planned manner, covering both existing NH sections and new routes that would be added...
More »Maharashtra sees 1,300 suicides by farmers in only 6 months this year -Priyanka Kakodkar
-The Times of India MUMBAI: As the farm crisis rocks the state assembly, there is no escaping the fact that the despair in Maharashtra's countryside is only deepening. The farmer suicide count in the six-month span from January to June this year stood at 1,300 cases, the state's revenue department figures show. So in just six months this year, the farmer suicide toll has already touched 66% of the 1,981 cases recorded...
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