-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...
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When statistics lie -Paranjoy Guha Thakurta
-The Asian Age The much-quoted sentence, "there are three kinds of lies: lies, damn lies and statistics", was attributed to the 19th century British Prime Minister Benjamin Disraeli by American author Mark Twain. Although researchers could never find such a statement in any written work of Disraeli, the sentence gained universal popularity to signify how economists and other number-crunchers use the "persuasive power" of figures to make a political point or...
More »‘India Inc’s major portion of staff suffer from depression’ -G Balachandar
-The Hindu Chennai: Depression is reported to be one of the significant health problems facing the employees of India Inc, says a report of Assocham. Demanding schedules, high stress levels and performance-linked perquisites are having a toll on the health of corporate India's employees. Obesity is the second life style disease they are facing. High blood pressure and diabetes are the third and fourth major diseases, respectively. "Nearly 42.5 per cent of employees...
More »Asbestos: Govt Kow-Tows to Corporate Lobbies -D Raghunandan
-Newsclick.in The government in India continues to kow-tow to corporate lobbies at the cost of the environment and public health including occupational health. While always an integral part of ruling class politics in India, as witnessed in the seemingly never-ending saga of the Bhopal Gas Disaster, this has reached new heights under the BJP government led by PM Narendra Modi which is rapidly dismantling even the already weak environmental regulatory structure....
More »Linking farming to market won’t help -Sucha Singh Gill
-Tribune India Policy shift towards market-oriented management will hit marginal farmers hard There is unfolding of the policy of the NDA government towards agriculture. Contrary to election speeches of Prime Minister Narendra Modi, the government has kept quiet about the Swaminathan Commission report about fixing the MSP of agricultural commodities at cost plus 50 per cent. At the same time, the government has given indication towards reduced FCI operations. It has been...
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