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RBI's NPA bitter pill comes with some side effects -Richa Mishra & KR Srivats

-The Hindu Business Line Bankers call for a coordinated approach to deal with the stressed loans issue New Delhi: The RBI’s revised framework for stressed loans may prove to be disastrous and seems ill timed for an economy that is just recovering from twin policy blows of demonetisation and GST implementation. Though there are long-term benefits of administering such a bitter pill, the short-term risks are significant, say bankers. “This (revised NPA framework) is...

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Healthy competition

-The Hindu Business Line Better healthcare infrastructure, well-trained professionals, informed citizens and nutritious food score over index-induced competition The NITI Aayog’s report, Healthy States, Progressive India, made public earlier this month tells us much of what we already know: that overall, Kerala has the best set of indicators comparable with the developed world and Uttar Pradesh, the worst. That the BIMARU States are at the bottom of the pile along with Odisha....

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National meet on doubling farmers' income opens on Monday

-The Hindu Business Line New Delhi: The government, which has very little to show so far as achievement on its ambitious plan of doubling farmers’ income by 2022, is organising a two-day brainstorming meet of various stake-holders, including farmers and farmer bodies. The national conference, scheduled from Monday, would be attended by Prime Minister Narendra Modi, apart from his cabinet colleagues and top government officials. According to SK Pattanayak, Union Agriculture Secretary, the...

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'Direct benefit transfer' pilot project for food subsidies turns a burden in Jharkhand -Sanjoy Dey

-Hindustan Times Under DBT system, beneficiaries are required to collect food subsidy in cash from their bank and then buy food grain from local ration shops at market price Septuagenarian Deventi Devi visited her bank, 6km from her village, thrice this month to withdraw her food subsidy credited by the government in her account under the Centre’s direct benefit transfer (DBT) scheme. She returned empty-handed each time because the bank said the...

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Dalit farmers may fail to benefit from agricultural sops announced by govt -Harry Stevens

-Hindustan Times In an effort to relieve farmers’ economic distress, the Centre included in the Union Budget an increase in the minimum support price (MSP) for monsoon crops and pledged Rs 500 crore to Operation Greens, a programme to help growers of tomatoes, onions, and potatoes. New Delhi: The benefits from the Union Budget’s concessions to agriculture will not be shared equally among Indian farmers. Dalits, in particular, may lose out on the...

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