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RBI Warns Gross NPAs of Banks May Escalate to 14.8% in September in Absence of Adequate Capital

-Moneylife.in While highlighting the need for proactive building up of adequate capital for banks to withstand possible asset quality deterioration, the Reserve Bank of India (RBI) has warned that the gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) may escalate to 14.8% under a severe stress scenario. In its financial stability report (FSR), the central bank says, "Macro stress tests incorporating the first advance estimates of gross domestic product (GDP) for...

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Put farm laws on hold or we will: SC to Centre -Shagun Kapil

-Down to Earth Said will facilitate talks before committee set up by the court The Supreme Court January 11, 2021 slammed the Narendra Modi government’s handling of protests by farmers over the recent agriculture-related laws. It called for a committee and said if the government doesn’t stays the three laws, the apex court would A three-member bench headed by Chief Justice SA Bobde said that it was disappointed with the way the government...

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Centre Has Paid Rs 1,364 Crore To Over 20 Lakh Undeserving Beneficiaries Under PM-KISAN

-TheWire.in/ PTI Venkatesh Nayak of the Commonwealth Human Rights Initiative said more than 20 lakh "ineligible farmers" and "income tax payee farmers” had been paid, according to information revealed under the RTI Act. New Delhi: The government has paid Rs 1,364 crore to 20.48 lakh undeserving beneficiaries under its ambitious PM-KISAN scheme, a reply to a Right to Information (RTI) query by the Union agriculture ministry reveals. Pradhan Mantri Kisan Sammann Nidhi (PM-KISAN)...

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Acute malnutrition worsened among children: NFHS-5 -Ritankar Chakraborty, Devikrishna NB, Alka Chauhan and Nand Lal Mishra

-Down to Earth Stunting among children below five did not improve at all; child obesity increased across several states Chronic malnutrition or stunting among children below five years did not improve at all while acute undernourishment or wasting worsened in the last half-a-decade in a majority of the surveyed states and Union territories (UT), according to the latest round of National Family Health Survey (NFHS-5). Child obesity also increased in several states. The...

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Why does poor West Bengal have healthier children than rich Gujarat? -Shoaib Daniyal

-Scroll.in Quality of life seems to have more do with social factors in India than economic growth. In 2008, frustrated by the agitation against forcible land acquisition, Tata Motors announced it would exit West Bengal. The company chose to move its Nano car plant to Gujarat. The then chief minister Modi claimed that he made Tata’s entry hassle free, inviting Ratan Tata with an SMS. The incident underlined the gap between Bengal and...

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