-TheWire.in In an application seeking to implead itself in the 'freebies' petition, the party said in its first three years, the Narendra Modi government wrote off loans worth Rs 72,000 crore of the Adani Group. New Delhi: The Dravida Munnetra Kazhagam (DMK), the ruling party of Tamil Nadu, said the petition on “freebies” is politically motivated and asked if the BJP-led Union government’s move to waive off loans of companies is not...
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Centre to launch new anti-TB programme focused on nutrition
-The New Indian Express One of the main thrust areas of the programme will involve encouraging adopting TB patients so that their nutritional needs are met. NEW DELHI: Even as tuberculosis, one of the biggest killers, saw a 19 percent increase in 2021, the Centre has now planned to launch a new programme -- Pradhan Mantri TB Mukt Bharat Abhiyan (PMTBMBA) -- that will encourage financial contributions from not only non-governmental organisations...
More »Farm ponds as an agent of rural transformation -S Adikesavan
-The Hindu Business Line A bank-supported NGO initiative has transformed agriculture in the Hubli-Dharwad area Can a small investment of, say, ₹97,000, for digging farm ponds make for increase in farm incomes and improvement in farmers’ livelihoods? Can such farm ponds lead to an increase in cropping intensity and higher productivity? Can these minor investments then be replicated across the country as only 50 per cent of India’s net sown area of...
More »Blissful ignorance -Jayati Ghosh
-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...
More »Big Defaulters: When RBI Declines To Reveal to Parliament Details of Written-off Loans of Big Corporates
-MoneyLife.in While lenders harass individual or small borrowers to the point of even releasing the borrowers’ photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major corporates. In a written reply, Dr Bhagwat Karad,...
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