-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...

-The New Indian Express A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling to repay their Loans on time. HYDERABAD: Every successive government has implemented scheme after scheme “to save” the debt-ridden farmer, yet none of them seem to have made any impact. A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling...

-The Hindu Vantangiyas, who derive their name from a Burmese tradition of hill cultivation, have lived in tin shacks without toilets for decades Gorakhpur (Uttar Pradesh): There is no proper road to Jungle Tinkonia-3. As its name suggests, one must pass a woodland of sal and teak trees to reach it. The situation gets even more precarious during monsoons and medical emergencies, as the village does not have any health centre. Its infrastructure is...

-Livemint.com While farmers will receive a 12% penal interest payment for delays in settling claims, state governments will be penalised if they delay in depositing their share of subsidies New Delhi: Faced with a sharp decline in the number of farmers signing up for its flagship crop insurance scheme, the centre on Tuesday imposed a 12% penalty on insurance companies for delayed settlement of claims. Under the new guidelines that will take effect...

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...