-The Economic Times  The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters. In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished...

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

-The Hindu   "To the women of India - we have a collective responsibility to ensure the dignity and safety of women. Recent incidents have cast a long dark shadow on our credentials. As more women enter public spaces...there are more reports of violence against them. We stand in solidarity with our girl children. We pledge to everything possible to keep them swcure. A number of measures are in the works...

-The Indian Express On a day when the UPA government’s renewed effort to attract bids from telecom companies for the ensuing auction of 1,800 Mhz and 900 Mhz spectrum drew a blank, Union Minister for Communications and Information Technology Kapil Sibal said that “if the court were to take upon itself the responsibility of allocating spectrum in the public interest, in whichever manner it deems fit, it may serve us better”. With...

-The Economic Times Cash transfer in various forms has been used in many countries to target support to the poor and achieve social objectives. In India, its introduction has generated more passion than rational debate. The scheme is not a magic bullet, but if properly implemented and targeted, cash transfer is a very sensible instrument of social assistance. In India, the rationale for introducing the scheme seems to be to check...