-India Spend Mumbai: Private entities cannot demand Aadhaar data to authenticate identity. Individuals must be allowed to file complaints against the use of their data. Information can be accessed for matters of national security only when a judicial officer such as a sitting High Court judge has sanctioned it. These were the highlights in a series of landmark rulings by India’s Supreme Court as it ruled against the use of an...
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Why organic farming is yet to bear fruit -T Ramakrishnan
-The Hindu Despite concerted efforts to promote this alternative system of food production, a majority of agriculturists are yet to jump on the organic bandwagon, as factors such as costs, land size and viability remain sticking points Chennai: Nearly 25 years ago, an event held at the American Center Auditorium in Chennai on the topic of the Green Revolution witnessed a lively debate on the merits and demerits of organic farming and...
More »What ails the Indian banking sector? -Pronab Sen
-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...
More »Household savings in banks dip for first time in four decades -Sunitha Natti
-The New Indian Express For the first time in four decades, bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. MUMBAI: For the first time in four decades, bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. The startling downfall of bank deposits is a first, at...
More »Why factory output figures are suspect -R Nagaraj
-The Hindu Business Line The MCA database, which underpins the jump in factory GDP, is unconvincing. The ASI method was set aside for wrong reasons In early 2015, the Central Statistical Office (CSO) introduced a new series of National Accounts Statistics (NAS) with 2011-12 as the base year, replacing the earlier series with the base year 2004-05. It is the CSO's routine job to make such revisions, roughly once in a decade,...
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