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The spirit of mahua -Diya Kohli

-Livemint.com The production of ‘mahua’ is finally entering the formal economy as new initiatives seek to upscale this indigenous drink, selling it across the country and even the globe It is a cloudy morning in Nangur village in Bastar district, Chattisgarh. It is a settlement of a little over 400 families, considered fairly large in these parts. We make a bumpy journey down a narrow, unpaved road intermittently shaded by sargi (sal)...

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India has the highest number of organic farmers globally, but most of them are struggling -Kiran Pandey & Rajit Sengupta

-Down to Earth Poor policy measures, rising input costs and limited market are affecting growth of organic farming in the country. India is home to 30 per cent of the total organic producers in the world, but accounts for just 2.59 per cent (1.5 million hectares) of the total organic cultivation area of 57.8 million hectares, according to the World of Organic Agriculture 2018 report. At the same time, most organic farmers are...

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Auditor Extraordinaire: The Curious Case of NPA Underreporting in India -Hemindra Hazari

-TheWire.in At Axis Bank and Yes Bank, it appears that a single auditor of a member firm of Ernst and Young has overlooked gross NPAs of a staggering Rs 13,655 crore. Recently, Axis Bank and Yes Bank jolted the Indian banking community while releasing their annual results. Both banks disclosed a staggeringly large divergence between the banks’ audited accounts and the Reserve Bank of India’s (RBI)  findings regarding bad loans on the...

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66% businesses okay with some bribery: Study

-The Times of India MUMBAI: As many as 66% of businesses in the country believe that some form of bribery is acceptable, in spite of increased regulatory actions and public outcry against corruption, according to a survey. Around 80% believe that corruption is still widespread, with 52% saying offering gifts to win businesses is "justifiable to help a business survive", while 27% justify cash payments, the survey on fraud and corruption by...

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Making India Inc. accountable -Vidya Venkat

-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The winter session of Parliament witnessed a noisy debate on the black money controversy. Governments of all hues have disappointed the Indian janata on the issue of black money and the failure is often associated with a perceived nexus between politicians...

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