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Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banks

-The Economic Times  The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters. In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished...

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On the NIPFP Response-Reetika Khera

-Economic and Political Weekly Before I take issue with some of the points made in the NIPFP response to this comment, it may be useful to recapitulate a few points on which there appears to be agreement: (1) Aadhaar-integration can resolve only certain types of leakages, for which reliable data is unavailable; this was not adequately accounted for in the cost-benefit exercise; (2) the NIPFP study has a fragile basis (in...

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UN-backed conference seeks to improve measures to halt wildlife poaching

-The United Nations Some 2,000 representatives from 150 governments, indigenous groups, businesses and civil society today gathered at a United Nations-backed conference in Bangkok, Thailand, which aims to find ways to stop wildlife poaching and illegal trading. At the conference of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), delegates will examine some 70 proposals to amend the current wildlife trade system, which has been in...

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Direct Benefit Transfer a failure, beneficiaries excluded: Aruna Roy

-The Hindu Out of 20,000 beneficiaries in Ajmer district, only 220 actually received cash Accusing the government of “forcing” people to enrol for an Aadhaar number, social activist and National Advisory Council member Aruna Roy says the performance of the Direct Benefit Transfer (DBT) scheme in the first two months has been “dismal,” resulting in “exclusion” of poor beneficiaries. Ms. Roy, a vociferous opponent of linking Aadhaar with welfare delivery, expressed her concerns...

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In Dhule, the struggle for identity manifests as violence

-The Hindu The influx of 2.5 lakh Muslims after the 2008 constituency delimitationled to insecurity among Hindus in Dhule, claims social activist Almost two months since six people were killed after communal violence in the north Maharashtra district of Dhule, the aggressive-yet-vulnerable countenance of the town has resurfaced. Citizens, both Hindu and Muslim, reveal that behind the volatility is the small town’s neglected struggle for an identity. A small fight at a local...

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