-Newsclick.inGovt is repeatedly turning to LIC for its disInvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&FS. Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disInvestment targets.Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have...
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A tie-up that can go a long way in crop cultivation -R Avadhani
-The Hindu A novel initiative of bringing farmers and consumers together turns out to be a win-win deal ARJUN NAIK TANDA (SANGAREDDY DT): Chandi Bai, a 50-year-old farmer, had a memorable day on Sunday at Arjun Naik Tanka in Hoti B mandal when several consumers, who have invested in her farm, participated in a harvesting ceremony. She welcomed the visitors with sweets that she had made, lit a lamp and offered prayers and...
More »Not enough jobs, private Investments missing: What's wrong with the world's fastest growing economy? -Dinesh Unnikrishnan
-Firstpost.com A report from rating agency CARE, released early this week, revealed that India's employment scenario is not looking good. It said job growth in corporate India moderated to 3.8 percent in fiscal year 2018, from 4.2 percent in the previous fiscal and the problem is most severe with smaller companies. The report, based on an analysis of over 1,600 corporates, said smaller companies with net sales of less than Rs...
More »The India that does not shine is bigger than the India that does -Anup Sinha
-The Telegraph The obsession with economic growth and the stock market hides other important facts about the condition of the economy Every time quarterly or monthly reports of the Indian economy are announced there is a reaction in the media. If the results are worse than the previous ones, then impending doom is forecast. If the results are better than the previous ones, there is unbridled optimism about future economic prospects. Both...
More »India's development record is poor. It's best to accept it and make amends
-Hindustan Times Instead of denial, a much bolder step would be to increase Investments and strengthen delivery in key areas such as health and education, which have inter-generational impacts, and can also go a long way in removing widespread inequality. Last week, three separate global reports related to development were released: the World Bank’s Human Capital Index; the Welthungerhilfe and Concern Worldwide’s 2018 Global Hunger Index; and Oxfam International’s 2018 Commitment...
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