TheIndian EXPRESS LATECITY, 14 PAGES, JAIPUR, `5.00 ● MONDAY, APRIL 9, 2018 ● WWW.INDIANEXPRESS.COM DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA CHECKING NPAs 7 WORLD JOURNALISM OF COURAGE 11 PSBs now on RBI watchlist, lending to MSMEs dips PAKPLANSLAW TOBAN JuD, OTHERGROUPS DOZENS KILLED IN SYRIA ‘CHEMICAL ATTACK’ PM says no to Railways GOLDEN MOMENT signalling plan worth Rs 78,000 cr 16 and top gun: Manu Bhaker smashes records Manu Bhaker, 16, after her gold medal in the 10-m air pistol event at Commonwealth Games. She broke two records. Reuters AVISHEK G DASTIDAR NEW DELHI, APRIL 8 PRIME MINISTER Narendra Modi has turned down an ambitious planof the Indian Railways to introduce a new signalling system, based on the European Train Control System-Level 2, in its entire network. Sources told The Indian Express that the PM said no to this proposal, which would have cost around Rs 78,000 crore, when it came up at a meeting with the Railway Board on March 26. Modi is learnt to have raised the cost factor as well as the wisdom of rolling out en masse a technology that is untested for Indian conditions and is mainly commissioned in high-speed systemsinsomeglobalrailways. He asked the Railways to carry out extensive trials in a section with heavy traffic density first, and take a call depending on its success. Railway Minister Piyush Goyal, who has been vocal in his supportof theidea,favouredgiving the entire contract to one player so as to gain price advantage on economies of scale. However, the Railway Ministry’s own Finance Department had CONTINUED ON PAGE 2 to become one of India’s youngest gold winners MIHIR VASAVDA MEDALTALLY GOLD COAST, APRIL 8 EXPRESSATCWG2018 MIHIR VASAVDA GOLD COAST, APRIL 8 IT’D JUST been a couple of hours since Manu Bhaker, all of 16 years old, won the 10m air pistol gold. It was a dominating performance,smashingrecordsand beating compatriot and the more established Heena Sidhu by 6.9 points, making her one of the youngest gold medallists in G 4 INDIA 07 S 02 B TOTAL 03 12 FULL COVERAGE PAGE 12, 13 the country. But Manu doesn’t care. She wants to be left alone, doing what she enjoys the most. The pistolisstillatoytoher.Shooting just a hobby she is good at. Extremely good at. Moments after her final, she saw a new table tennis table and unused paddles inside the Games Village. The Class 11 student from Jhajjar sprinted upstairs to her room, kept her gold medal by the bedside and returned to the recreation zone for a game of TT — like any other CONTINUED ON PAGE 2 Oppn trying to paint govt anti-Dalit, it will not succeed... We won’t dilute Act: Nirmala EXPRESS NEWS SERVICE MUMBAI, APRIL 8 WHILE AN “irresponsible” Opposition was trying to paint thegovernmentasanti-Dalit,the Modi ministry was committed to ensuring that the SC/ST Atrocities Act is not diluted, Defence Minister Nirmala Sitharaman said at the Express Adda here on Saturday. “Those promoting these agitations want the government to be seen as anti-Dalit. But sorry, The Minister at the Adda on Saturday. Prashant Nadkar we are not giving them the opportunity. We are with SC/STs. For those who want to make po- liticalcapitaloutof asocialguarantee given by our Constitution, Iamreallydisappointed...thatinstead of fighting for (SC/ST) rights,theyarebuildingdistrust... For the last 60 years, you (the Opposition) haven’t done anythingforthem,”Sitharamansaid. She added that it was a court that had ordered change in provisions of the SC/ST Act. “These decisions are not of the government. The dilution in the Act would mean that a few benefits given to the Dalits, just to take CONTINUED ON PAGE 2 3-4 more banks could face RBI action because of their falling performance GROSS NPA RATIO % AS ON DEC 31, 2017 SUNNY VERMA & SANDEEP SINGH NEW DELHI, APRIL 8 LENDING TO the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSB) now under the RBI’s Prompt Corrective Action (PCA) framework,whichrestrictslendingactivitiesof thebanks,government sources said. Government sources also confirmed that at least 3-4 more banks are expected to be brought under the PCA framework because of deteriorating performance. “Since the PCA framework restricts the amount of loans banks can extend, this will definitely put pressure on credit beingmadeavailabletocompanies especially the MSMEs. Large companies have access to the corporate bond market so they may not be impacted immediately,” a senior banker said. At present, 11 weak PSBs out of the 21 state-owned banks are under PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. The RBI enforces these guidelines to ensure banks do not go bust and follow prompt measures to put their house in order. 8 THEEDITORIAL PAGE IDBIBank UCOBank UnitedBankofIndia DenaBank CentralBankofIndia 18.08 OrientalBank ofCommerce 16.95 CorporationBank 15.92 BankofIndia 15.49 AllahabadBank 15.46 Source: RBI In a report last month, rating agency ICRA pointed that five more banks could possibly be brought under PCA. These include Canara Bank, Union Bank, Andhra Bank, Punjab National Bank, and Punjab & Sind Bank. Theelevenbanksalreadyunder the NPA framework are IDBI Bank, Bank of India, UCO Bank, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Dena Bank, Bank of Maharashtra, United Bank of India, Corporation Bank and Allahabad Bank. Sources said it may take CONTINUED ON PAGE 2 When the bank supervisor slept BY ILA PATNAIK Sumit Gunjan with a student outside Bal Nivas. Express TWO EVENTS, two years apart, were to set Sumit Gunjan on a journey that would not only change his life but that of scores of tribal children in ‘Bal Nivas’, a hostel he set up for them in Banta-Hajam, a village in Silli Block, 70 km from Ranchi town. The first was eight years ago, in 2010, when Gunjan, then a 20-year-old pursuing a post-graduate management programme in a Greater Noida institute, came across a group of children of construction workers at a plot near his college. He began engaging with them, holding informal classes for them with the help of his batchmates and a few professors. The second “turning point” was in early 2012, when Gunjan, still with the Greater Noida institute,undertooka“researchyatra” to Jharkhand for the National Innovation Foundation (NIF) in 20.1 19.56 BankofMaharashtra 19.05 IN HOSTEL FOR TRIBAL KIDS NEAR RANCHI, LESSONS ON HOW TO STAY CLOSE TO ROOTS SILLI BLOCK (RANCHI), APRIL 8 23.29 IndianOverseasBank 22.74 ● PAGE ONE ANCHOR PRASHANT PANDEY 24 TRACKING CHANGE» EVERY MONDAY For all Change stories, log on to www.indianexpress.com/change Witness Change? Write to us at firstname.lastname@example.org Ahmedabad to study medicinal herbs used by the tribals of Jharkhand. The first time Gunjan, the youngest of three children of a district court lawyer in Jharkhand’s Giridih, visited Banta-Hajam, he stayed for five days. But he kept coming back to thevillage,fascinatedbythetribal wayoflife,untilhefinallydecided to stay on for good that April. “Yahaan ka boli, yahaan ka chaal... hum sab kuchh sikhaya usko (I taught him our language, our practices... everything),” says Bhavani Patar Munda at whose mudhouseGunjanbeganbyimparting basic literacy lessons to children. CONTINUED ON PAGE 2 Jaipur Shamli: Family of Uttar Pradesh ‘gangster’ killed in encounter lives in fear HAMZA KHAN TITARWADA (SHAMLI), APRIL 8 MIR HASAN brings out a schoolbag from his three-room mudand-brick house and empties it on the ground. A Class 6 maths book falls out, as do others titled ‘Great Men’, ‘Agricultural Science’, ‘Earth and Our Life’, in Hindi. In one of the notebooks, a line is written 24 times neatly, in different colours: “Humara desh Bharat mahan hai (Our country India is great).” Hasan has little use for the books,belongingtohisyoungest son, Shaukeen. He doesn’t remembertheday,ormonth,early last year when the 12-year-old, the first in the family to study eventillClass6,stoppedgoingto school. “It was winter when police came looking for Shaukeen at school. They were in plainclothes. Some children alerted him and he came running home,” Hasan says. “The same night, police again camelookingforShoukeen.They mistakenly picked up another Shoukeen, who lives nearby,” adds a neighbour, refusing to be named. A few weeks later, Shoukeen, 12, left home to work in a brick kiln — like his brothers afraid of staying in Titarwada anymore, Hasan’s wife Akbari, 55, says. On October 22 last year, Hasan and Akbari’s eldest son Furqan,36,wasgunned downin an alleged encounter — the 16th death in the Yogi Adityanath government’s encounter records. CONTINUEDONPAGE2 BUSINESS AS USUAL BY UNNY
Indian Express Limited is an Indian news media publishing company. It publishes several widely circulated dailies, including The Indian Express and The Financial Express in English, the Loksatta in Marathi and the Jansatta in Hindi.