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Poor recoveries under IBC can derail Centre's Rs. 70,000-cr recap plan -Radhika Merwin

-The Hindu Business Line Barring few cases, large haircuts of 70-90 per cent are continuing to hurt banks While the Centre’s decision to frontload capital infusion of Rs 70,000 crore into PSBs has boosted sentiment, unless there is quick resolution of large accounts under IBC, this may achieve little. What is of more concern, is the paltry amount that banks have been realising from the resolution of accounts under IBC. A look at...

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Character of our nation is on test -Aruna Roy and Nachiket Udupa

-National Herald Those of us who care for integrity, principle and constitutional values as citizens of India have a huge task ahead. When Independence was dreamt of, it must have seemed impossible “Being part of a democratic government is hard. Being a citizen is hard. It is a challenge. It’s supposed to be. There’s no respite from our ideals. All of us are called to live up to our expectations for ourselves...

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Kashmir has been cut to the quick -Wajahat Habibullah

-The Hindu The Centre is riding roughshod over Kashmiri public opinion already beset with disaffection In the face of a massive security build-up in Kashmir at the close of July, a seasoned journalist conjectured, “This is just the right time when militants and their masters in Rawalpindi could do with a terror attack in Kashmir.” Such were the arguments trotted out by experienced media persons in seeking to account for the extraordinary...

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In a first, census to seek info on your phones, bank a/cs -Bharti Jain

-The Times of India NEW DELHI: Census 2021 will for the first time seek information from households on smartphones, DTH/Cable TV connection, internet access, number of members of households having Bank Accounts, ownership of house other than the rented accommodation of a household, bottled water availability and mobile number as part of the houselisting procedure. Importantly, the latest census, as per the existing plan, will not collect caste data. While the socio-economic...

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From Plate to Plough: A win-win deal -Ashok Gulati

--The Indian Express Replacing subsidies with direct cash transfers to farmers’ accounts will empower them as well as consumers. In her budget speech, the Union finance minister (FM) said: “At the centre of everything that we do, we keep gaon, garib aur kisan in mind.” Here then is a small mantra for her to transform the lives of the kisan and the poor in rural areas. Just streamline the food and...

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