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Prof. Devesh Kapur, director of the Center for the Advanced Study of India at the University of Pennsylvania, interviewed by Anuradha Raman (The Hindu)

-The Hindu The political scientist on the danger to India’s checks and balances, and the perils of the democratisation of mediocrity in universities Professor of political science and a holder of the Madan Lal Sobti Chair, Devesh Kapur has been director of the Center for the Study of Contemporary India at University of Pennsylvania since 2006. Mr. Kapur, who recently co-edited Public Institutions in India: Performance and Design, says our public universities...

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Niti Aayog and health ministry prepare model contract for privatising urban health care -Nitin Sethi & Menaka Rao

-Scroll.in Terms of agreement give private players 30-year lease over parts of government district hospitals. Niti Aayog and the Union ministry for health and family welfare have proposed a model contract to increase the role of private hospitals in treating non-communicable diseases in urban India. The agreement, which has been been shared with states for their comments, allows private hospitals to bid for 30-year leases over parts of district hospital buildings...

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Lending to priority sector is good business, Mundra tells banks

-The Hindu Business Line RBI Deputy Governor says such loans support economic activity, generate income & surplus Mumbai: Given the overexposure of the banking system to large corporates and the consequences thereof in the last few years, Reserve Bank of India Deputy Governor SS Mundra said lending to priority sector is good business for all the right and justifiable reasons. “The excessive lending to corporate sector was the outcome of what I call...

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Cloak on defaulters

-The Telegraph New Delhi: The Reserve Bank of India today told the Supreme Court that it was not in favour of publishing the list of loan defaulters who owed public sector banks Rs 500 crore or more because such disclosure might involve the statutory, contractual and fiduciary rights of the defaulters. Senior advocate Jaideep Gupta, appearing for the Reserve Bank, argued that the grant of loans was covered by various statutes, including...

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Parliamentary panel to question RBI Governor Urjit Patel on demonetisation today

-The Indian Express The panel members have planned to ask Urjit Patel questions regarding RBI's preparedness for digital transition. They will also question about how much money has come back into the system after the November 8 decision to place the existing currency notes of Rs 1000. Reserve Bank of India (RBI) Governor Urjit Patel will appear before the Parliamentary panel on Wednesday to respond to clarifications demanded by the panel on...

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