-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
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Farmers sell mustard below MSP as government assures more centres -Parshant Krar
-The Economic Times Chandigarh: The ongoing procurement of mustard at a minimum support price (MSP) of Rs 4,000 per quintal in Haryana is hurtled by a lack in the number of collection centres. Farmers are selling the produce to traders at Rs 3,700-3,800 per quintal in the state as the logistic costs are too high to reach the collection centres in many districts in the state. Most of the farmers have sold...
More »Deadline for linking Aadhaar with welfare schemes extended to June 30
-PTI The deadline for linking Bank Accounts and mobile phone numbers with 12-digit biometric identifier Aadhaar has already been extended indefinitely. The government on March 28 extended by three months the deadline of March 31 for linking Aadhaar with welfare schemes, where benefits are transferred to citizens from the Consolidated Fund of India. The deadline now stands extended to June 30, 2018, according to an office memorandum of the Ministry of Electronics and...
More »No extension beyond March 31 for linking Aadhaar to welfare schemes: SC
-The Times of India NEW DELHI: The Supreme Court (SC) on Tuesday refused to further extend the March 31 deadline for linking of Aadhaar with government schemes and benefits. This comes days after the SC ordered an indefinite extension to the March 31 deadline for mandatory linking of the biometric identifier with Bank Accounts and mobile phones. A five-judge constitution bench headed by Chief Justice Dipak Misra said: "We will not pass any...
More »Why women are falling off the employment map -Namita Bhandare
-Hindustan Times The murder of a woman in Alwar points to India’s most shockingly under-reported story on why nearly 200 lakh women have quit jobs All Usha Devi wanted was to give her kids a good education. The wife of a construction worker knew that her husband’s income was not enough to educate her children, Tanuja, 15, and Dheeraj, 10, and, so, she took a job at a plastic factory. Not everyone was...
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