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Super rich defaulters push Indian banks towards collapse

-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs.  It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...

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Unfinished work of equality -Govardhan Wankhede

-The Indian Express To improve the educational status of Scheduled Castes, a fresh understanding of their achievements and challenges is necessary. The concern of scholars, planners and policymakers has been to achieve the goals set in our Constitution: equality, justice and equal opportunity for all. However, in the period after Independence, it was revealed that education was not necessarily linked to social and economic development and the majority of Indians continued...

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Govt. shows laxity in battle against malnutrition

The fourteenth Public Accounts Committee (2014-15) report, submitted to the 16th Lok Sabha in April this year, has found that despite various interim orders issued by the Supreme Court from time to time (based on a writ petition that was filed by People’s Union for Civil Liberties in April, 2001), the Government of India has failed to universalize the Integrated Child Development Services (ICDS) scheme. This means India has to...

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Legal status, lack of coordination holding up Aadhaar and DBT -Ruhi Tewari

-The Indian Express The SC directive that Aadhaar can’t be made mandatory for any service — which the government can’t oppose until Aadhaar gets legal validity — has complicated the issue. On January 1, 2013, the Congress-led UPA government launched the Direct Benefits Transfer scheme, centred around the Aadhaar project begun a few years earlier. Teething troubles and implementation bottlenecks followed, the interest of the outgoing dispensation waned, and both Aadhaar...

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Fight against hunger too slow and uneven -Jomo Kwame Sundaram

-The Hindu The Millennium Development Goal of halving the proportion of chronically undernourished people in developing countries by 2015 is within reach. But progress must accelerate by the end of this year Almost 800 million people, or one in nine in the world, continue to suffer from hunger. The number of hungry people has declined globally by more than 167 million over the last decade, and by more than 200 million since...

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