-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...

-TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis. The value of wilful defaults...

-The Hindu Business Line Eleven years since its inception, the State’s farmer’s debt relief commission has quietly eased the burden of debt on poor farmers, and grown to be a model worth emulating Earlier this week 35,000 debt-ridden farmers coursed through Maharashtra, walking 180 km on blistered soles, to converge at Mumbai’s Azad Maidan demanding freedom from debt and fair compensation for their produce. As the government scrounged for solutions, it could’ve...

-ThePrint.in Renowned agricultural economist Sardara Singh Johl takes on father of green revolution M.S. Swaminathan’s idea of raising MSP to 1.5 times the production costs. New Delhi: Renowned agricultural economist Sardara Singh Johl agrees with M.S. Swaminathan, the man credited as the father of the ‘green revolution’, on the futility of loan waivers to ease farm distress. But he disagrees with a much-touted recommendation of the committee on tackling the farm crisis Swaminathan...

-IANS Farmer suicides have been taking place across India for years now, and studies of rural distress reveal the deeply-rooted, tenacious causes, such as lack of irrigation, fragmentation of land, unsuitability of seeds and inadequate sources of credit. Despite the democratically-elected governments that claim to represent a country where over half the population is dependent on farming, agriculture has been consistently ignored at a steep cost to farmers' lives. Remedies have been...