-TheWire.in Unless consumer preferences shift to climate resistant crops, goals associated with the policy won’t materialize. On March 14, the Ministry of Environment, Forest and Climate Change (MoEFCC) uploaded a draft of the National Forest Policy 2018, three decades years after the last such policy. The draft appears to be an attempt to shift the approach towards forestry in India – specifically, from a local community- and ecology-centric approach emphasised in the...
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Corporates make 73% of public sector bank bad loans -Sunny Verma
-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
More »Read the distress signals -Ajit Ranade
-The Hindu Farming must be treated as a market-based enterprise and made viable on its own terms The week-long farmers’ march which reached Mumbai earlier this month, on the anniversary of Gandhi’s Dandi March of 1930, was unprecedented in many ways. It was mostly silent and disciplined, mostly leaderless, non-disruptive and non-violent, and well organised. It received the sympathy of middle class city dwellers, food and water from bystanders, free medical services...
More »Aadhaar frailties
-The Hindu Business Line The SC interim order presents the biometric ID as a fait accompli for the underprivileged Last week’s interim order of the Supreme Court on a batch of petitions challenging Aadhaar may have provided temporary relief to a section of the population, but it appears to have simultaneously served notice on another section – a largely disadvantaged one — that the contentious biometric identification is something of a fait...
More »Private forecaster sees monsoon above normal this year -Vinson Kurian
-The Hindu Business Line WRMS forecasts deficit rains for Rajasthan and Tamil Nadu Thiruvananthapuram: In what is seen as the first official outlook for year 2018 monsoon, private forecaster Weather Risk Management Services (WRMS) has said that the June-September rainfall would be largely on the ‘positive side of normal’ (normal to above normal). The forecast comes in the backdrop of a season that flattered to deceive in the just past year, recording only...
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