-The Hindu Business Line Lack of financial transparency and social inclusion is at the root of India’s lopsided growth story, finds the India Responsible Business Index ‘Sab kuchh dikhta hai (everything is visible)’, the tag line of the now controversial Rotomac pens seems to assume a sinister meaNINg in light of the recent financial fraud involving owners Vikram and Rahul Kothari. The recently unearthed Nirav Modi scam, with no LoU [Letter of Understanding]...
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Odisha plans to introduce millets in PDS, mid-day meal by year end -Deepanwita Gita Niyogi
-Down to Earth The initiative will be launched in NINe districts in a phased manner over a period of five years * This is the first of its kind as no state in India has ever millets into public distribution system, mid-day meal scheme and the Integrated Child Development Services together. * In PDS, ragi will be handed over to beneficiaries based on availability and preference initially in the tribal areas In order...
More »PNB lost four times more money than SBI did to 'jewel thieves' -Chethan Kumar
-The Times of India BENGALURU: Highly cash-dependent traders in gems and diamonds have cost banks at least Rs 5,000 crore through 90 defaults, bank-wise and company-wise data on wilful defaulters compiled by the Federation of Bank of India Staff Unions (FBISU) shows. The top loser is PNB, with just NINe defaulters but a loss of Rs 1,790 crore — four times the amount SBI lost. SBI reported the most number of wilful defaults...
More »The silent sufferers: on Maharashtra farmer suicides -Jyoti Shelar
-The Hindu The children of the farmers who committed suicide do not receive the support or counselling they need to recover from the resulting mental trauma. Jyoti Shelar visits the villages in Maharashtra worst affected by farmer suicide and reports on these minors’ struggle to get their lives back on track “Every time I open the door, I see my father’s body,” says 14-year-old Nikita Surwase, pointing at the iron shaft on...
More »Too clever by half? -Venkatesh Athreya
-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
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