-PTI A total of 6,800 cases of fraud were reported by scheduled commercial banks and some financial institutions in last fiscal, the RBI said in an RTI query. New Delhi: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India (RBI) has said. A total of 5,916 such cases were reported by banks in 2017-18 involving Rs 41,167.03 crore, it said. As...
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Safety Net That Works -Shonar Lala
-The Indian Express Before contemplating new rural programmes, government must expand MGNREGA In the run up to the elections, a plethora of redistributive programmes, including farm loan waivers, cash transfers and minimum income guarantees came to the forefront as campaigners sought to balm rural distress. Amongst these is a proposal to launch a revised NREGA 3.0, in which 150 days of employment would be guaranteed to the rural poor. Almost 15...
More »Short-duration crops take a hit as water crisis strikes Tamil Nadu -TE Narasimhan
-Business Standard Every day before 5 am and after 10 pm, 40-year-old K Kasturi and her husband leave their home in Mylapore, Central Chennai, in search of water with eight vessels. If they are lucky, they may be able to fetch water from hand pumps or taps in five vessels after walking 1-1.5 km. This is the only source of water to drink, cook, wash, clean and bathe for them. This is...
More »Tackling farm distress is high priority
-The New Indian Express Narendra Modi’s overwhelming win has pushed the burning issues around agrarian distress on the back burner; but once the victory euphoria dies down, these will be pushing for recognition again. A crash in prices of farm produce and the demand for remunerative prices, and waiver of back-breaking loans are some of the issues staring the new government in the face. The interim budget recognised the distress by...
More »Almost 90% slash in prices of nine anti-cancer drugs -Pushpa Narayan
-The Times of India CHENNAI: In a major step to make cancer cure affordable for patients and their families, the retail prices of several anti-cancer drugs, including commonly used chemotherapy injections for lung cancer treatment, have been slashed by up to 87% by the drug price control authority. After reviewing the data collected from drug manufacturers, the National Pharmaceutical Pricing Authority’s May 15 memorandum has brought nine anti-cancer drugs in its price...
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