-Newsclick.in The government has chosen not to intervene in the market prices of the seasonal crops, forcing farmers to deal with the debt and the crisis on their own. Despite the Maharashtra government’s farm loan waiver scheme to “settle” the agrarian debts of farmers, the number of farmers committing suicide in the state continues to rise. The state has witnessed a total of 696 farmer suicides in the initial three months of...

-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...

-The Indian Express The move comes after complaints against banks that they were not intimating eligible farmers whose names along with the amount has been cleared by the state government. Mumbai: The state government has decided to directly intimate eligible farmers across 40,913 villages about the loan waiver scheme. The move comes after complaints against banks that they were not intimating eligible farmers whose names along with the amount has been cleared...

-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...

-The Hindu Business Line Hyderabad University linguist discovers Walmiki and Malhar, spoken by small communities in Odisha. Hyderabad: A linguist from the University of Hyderabad (UoH) has stumbled on two languages called Walmiki and Malhar both predominantly in the remote region’s of Odisha. The languages are categorised `endangered’ as the number of people speaking is small. For instance Malhar is spoken by just 75 including children from a particular community. These people live...