-The Indian Express Even as the government has been trying to shore up PSB Books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
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Where's the money coming from? -Arun Kumar (Book review)
-The Indian Express Exploring the role of the black economy in political finance and how it subverts democracy. Book: Costs of Democracy: Political Finance in India Editors: Devesh Kapur & Milan Vaishnav Publisher: Oxford University Press Page: 311 Price: Rs 750 Money in politics is an issue of great concern for the Indian polity. Most believe it undermines democracy in India so that what formally looks like a great democracy turns out to be just...
More »Buses bring rural Bihar closer to Delhi -Shiv Sunny
-Hindustan Times Bus journey takes lesser time, is more punctual and on most occasions, one can find a seat just before the vehicle departs. This is in stark contrast to the Bihar-bound trains which are often delayed by as much as 24 hours, needs a ticket to be Booked months in advance and on which landing a Tatkal ticket requires monumental effort and ample luck. New Delhi: An impatient Chandan Singh does...
More »P Sainath, founder editor of People's Archive of Rural India (PARI), interviewed by Bhasha Singh
-National Herald Talking about farmers’ issues, P Sainath said, “It is not just an agrarian crisis, it is now a national crisis. The Modi govt has been engaged in fooling the nation. They are telling lies shamelessly” The founder editor of People’s Archive of Rural India (PARI), the former Rural Affairs editor of The Hindu and author of the much acclaimed Book ‘Everybody loves a Good Drought’, P Sainath, has recorded rural...
More »For 8 days IAS officer toiled at Kerala relief camp without revealing who he was -Ramesh Babu
-Hindustan Times Kannan Gopinathan, a 2012 batch IAS officer serving as district collector in the union territory of Dadra and Nagar Haveli, had arrived in Kerala on August 26 as the state battled devastation from deadly floods. Thiruvananthapuram: For eight days, Kannan Gopinathan worked at relief camps in flood-ravaged Kerala, spending two of those carrying large packages on his head while offloading relief material from trucks in the port city of Kochi....
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