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Want to file RTI? Head to this Kanpur tea stall -P Samuel Jonathan

-The Hindu KM Yadav of Kanpur emerges as a saviour for rural people GUNTUR (Vijayawada): An RTI activist from Uttar Pradesh, who runs his office from a tea stall in Kanpur, has emerged as an unlikely saviour for people tired of making rounds to government offices. Krishna Murari Yadav may not flex his muscles like Munna Bhai, but earned the title of K.M. Bhai from the residents of villages around Kanpur for addressing...

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J&K only state with zero crime record against tourists: Official

-PTI The official said that the state has registered one lakh foreign tourist footfall in 2017, while the number of domestic tourists crossed 1 crore. Kolkata: Jammu and Kashmir is “completely” safe for visitors and tensions in the border areas have “little effect” on its tourism circuit, a senior official of the northern state said in Kolkata on Friday. Describing the last year’s attack on Amarnath yatris as an “isolated incident to...

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Can banking recover? -Jayati Ghosh

-The Hindu We need stricter adherence to sound banking rules and more transparency from public and private players The bank frauds involving Punjab National Bank (PNB) and the companies associated with businessmen Nirav Modi and Mehul Choksi as well as the Rotomac case couldn’t have come at a worse time. The Indian banking system is already reeling under the pressure of growing NPAs, or non-performing assets (less politely known as loans that...

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Indian Banking: Current Challenges & Alternatives for the Future -CP Chandrasekhar and Jayati Ghosh

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

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Rs 7,000cr facelift for 700 large dams -Vishwa Mohan

-The Times of India NEW DELHI: The safety and operational performance of 700 large dams across 18 states will be improved through repair and rehabilitation work over six years (2020-26) at an estimated cost of nearly Rs 7,000 crore. Some of these dams will also be developed as tourist destinations so that it can generate revenue for maintenance and create jobs for local people. The World Bank-funded project was cleared by...

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