-The Times of India NEW DELHI: As on September 30, 2017, more than Rs 1.1 lakh crore was owed to banks by people or companies characterised as “wilful defaulters”, that is those who are unwilling to pay despite having the capacity to do so. TOI analysed more than 9,000 such accounts for which banks have filed lawsuits for recovery and found that the top 11 debtor groups, each with Dues of...

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses Due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

-CounterView.org A survey, coordinated by well-known academic Jean Drèze and researcher Nazar Khalid, has found an overwhelming popular opposition to the direct bank transfer (DBT) experiment in Jharkhand. Details of the survey: Glitches in the system have deprived people of nearly half of their food rations in the last four months. When they do get their rations, people spend 12 hours collecting them, on average. Most people are opposed to the new...

-Hindustan Times Increased usage of domestic coal during winter accounts for 84 per cent of harmful emissions, says study Pollution in Srinagar, the summer capital of Jammu and Kashmir, hit a dangerous level during winter when tiny particulate matter was recorded five times more than the permissible limit mainly Due to the use of coal for domestic purpose, a new study has said. The study by Indian Institute of Tropical Meteorology (IITM), Pune...

-Hindustan Times Prioritise universal access of food grains since those dying of starvation are mainly the marginalised Forty-four-year-old mother, Amir Jahan, epitomised gallantry this Republic Day. There was not a morsel of food at home. So, while the nation celebrated, she quietly borrowed six rotis from a neighbour and distributed them equally among her three daughters, though she hadn’t eaten for four days. That night Amir died of starvation. In the first month...