-GoI Monitor The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help? THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list...
More »SEARCH RESULT
Toiling for a toilet -Yardain Amron
-The Hindu While sanitation schemes in India date back to the British Raj, Swachh Bharat Mission (SBM) is the latest and by far most ambitious iteration. Launched by India’s Prime Minister Narendra Modi at the end of 2014, the Rs.9,000-crore scheme aims to achieve an Open Defecation-Free (ODF) India by constructing 12 million rural household toilets across the country before October 2, 2019 — to coincide with Mahatma Gandhi’s 150th birthday. But...
More »Nothing to cheer about in Indian job market
-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...
More »Aadhaar linkage creating hurdles for tribals -Sumit Bhattacharjee
-The Hindu Scope for the middlemen has increased, says IIT professor Reetika Khera In Bandaveedhi village in Paderu in Visakhapatnam agency, 400 residents had gone without the basic food items from the public distribution system (PDS) in April, as the officer concerned had a marriage at home and had no time to switch on the biometric machine that would record the finger prints of the beneficiaries. In Kasimkota, Padma, 70, was sent...
More »Job creation is a major challenge before the govt.
Promises are made to be broken. In its 2014 Lok Sabha election manifesto, the Bharatiya Janata Party (BJP) made the promise that if it is elected to the Centre, it will then accord a high priority to job creation and opportunities for entrepreneurship, among other things. But latest data on unemployment shared by the BJP MP Shri Bandaru Dattatreya in written form while replying to an unstarred question in the...
More »