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Cash shortage likely to get worse in Delhi-NCR, Mumbai as ATMs run dry

-BusinessToday.in As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily...

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Pesticide-makers oppose provisions of new Bill -KV Kurmanath

-The Hindu Business Line Seek ban on import of formulations; want trials before allowing them Hyderabad: Pesticide manufacturers and farmers are up in arms against the provisions of the Pesticides Management Bill 2017, which, they believe are detrimental to agriculture and agro-chemical industry. Allowing import of formulations without having to register technicals is contrary to the goal of Make in India campaign launched by the Union government, they said. They want an immediate ban...

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'Skill India' urgently needs reforms -Santosh Mehrotra & Ashutosh Pratap

-The Hindu There is no way the country can reap its demographic dividend without fixing vocational education Salvaging the Indian demographic dividend must be a key part of India’s growth story. In 2016, the Government of India formed the Sharada Prasad Committee to rationalise the Sector Skill Councils (SSCs), which are employer bodies mostly promoted by the Federation of Indian Chambers of Commerce and Industry, the Confederation of Indian Industry and other...

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How Kerala plans to give free houses to homeless people -Nidheesh MK

-Livemint.com Kerala govt’s aim is to build 500 sq. ft houses costing Rs4 lakh each, for which the state has tweaked the centre’s housing programme, the Pradhan Mantri Awas Yojana Bengaluru: Building free houses for all the homeless in Kerala -- more than half-a-million at last count -- is one of the flagship projects of the Communist government. A cabinet meeting held on Tuesday night offers glimpses into the project’s nitty-gritty. The aim...

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Indian Banking: Current Challenges & Alternatives for the Future -CP Chandrasekhar and Jayati Ghosh

-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...

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