-The Hindu Bubble createdby them resulted in high NPAs Banks caused a bubble, failed to do due diligence and lent more than what was warranted to developers, and this has led to the high Non-Performing Assets (NPA) arising out of the road sector, Road Secretary Vijay Chhibber told The Hindu in an exclusive interview on Wednesday. “The banks have killed the road sector,” he said. “There was a bubble because the banks would...
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Caught in a vicious cycle of bonded labour -Bageshree S
-The Hindu Though outlawed in 1976, bonded labour lives and thrives in the State, as highlighted by the Sivaji Ganesan committee. However, the State continues to maintain an Ostrich-like attitude, failing to conduct periodic surveys and implement rehabilitation programmes The State of Karnataka in 2000 woke up to news about a certain medieval-era brutality being committed on bonded labourers, when the Karnataka Rajya Raitha Sangha unearthed the case of five labourers being...
More »Debt-ridden Punjab farmer commits suicide at protest site
-The Times of India BATHINDA: Finding it difficult to repay his loan and facing damage to his cotton crop, a young farmer committed suicide on Thursday at a farmers' protest venue in Bathinda. Kuldeep Singh, 26, of Chughe Kalan village in Bathinda consumed a poisonous substance around 2am and died four hours later at a hospital. Kuldeep's family owns five acres of land and had taken another 13 acres on lease. He had...
More »Dr. Jayati Ghosh, professor at JNU, interviewed by The Hindu
-The Hindu The AP government should keep the MoUs (with investors) in the public domain. Let there be a debate on the MoUs -- Jayati Ghosh, economist VIJAYAWADA: Noted economist Jayati Ghosh does not agree that civil society has been indifferent to the problems presented to farmers due to the land acquisition tactics adopted by the State Government in gathering land for its capital city project. The academic, who headed a commission that investigated...
More »Small farmers hit by multiple adversities: UP agri dept -Sanjeeb Mukherjee
-Business Standard Uttar Pradesh's two main crops, wheat and sugarcane, have been facing a variety of problems in recent months Crop recasting, effective income security and a refocusing of the subsidy pattern to target small and marginal farmers are needed, went a presentation by the Uttar Pradesh agriculture department at the two-day national conference on rabi crops. The presentation was the basis of a discussion on the agrarian problem facing the country. Uttar Pradesh's...
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