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Wilful corporate defaulters need to be rooted out from the public sector banks to reduce their NPA and create a business friendly environment for entrepreneurs Vivek Sinha NPA (non-performing asset) has always been a dreadful word in the banking industry but these days this three-lettered acronym is giving sleepless nights to India’s top bankers. The banks, especially public sector ‘sarkari’ ones, have been at receiving end both from the Reserve Bank of India (RBI) and economists for mismanaging their bad debt and even as debates and discussions focus on the lost wealth another crisis is just looming on the horizon. And this is the  possibility of a slow and painful demise of entrepreneurial spirit. Dreadful as it may sound but the prospect is real and requires urgent steps. Loan disbursal and business-growth are closely related as all enterprises require money. But when debt-repayments do not come back, banks become wary of further lending thereby stifling a source of capital requ...

Vivek Sinha Simmering undercurrents, if left unaddressed, quite often leads to sudden and disastrous outbursts. A case in point is the ongoing conflict at the National Institute of Technology (NIT), Srinagar. In what could have been a minor scuffle among students over India’s loss in the T20 cricket tourney, has now been turned into a battleground by secessionist forces at the engineering college in capital town of Jammu & Kashmir.   The trigger came in on March 31st, when West Indies batsman Lendl Simmons lofted a six in the last over to beat India in the semi-finals of a nail-biting cricket match. Across the world Indian fans felt dejected. Ditto at the NIT campus where students appeared crestfallen at India’s loss and mood at the institute turned gloomy. At the same time, NIT campus also echoed with slogans of “Pakistan Zindabad”, “Hindustan Murdabad” and "Azadi". Very soon crackers started bursting. So, if the hosteliers were morose, the local Kashmiri Sunni students ...

Vivek Sinha I vividly remember that Sunday afternoon when I was loitering in the neighborhood along with other children. We were school students then and apart from cricket the other topic of our passionate discussion was the ongoing agitation at Ayodhya. A few minutes into our discussion, we saw a hefty man running towards us. He was panting. Tears were rolling down his cheeks as he repeatedly yelled  “Jai Shri Ram”.  Before we could react, several others in our locality had joined in and roared back  “Jai Shri Ram”.  Within minutes almost everybody, including me and my friends, were chanting  “Jai Shri Ram”  in unison. This day was December 6 th  1992. The Babri Structure at Ayodhya had been demolished and news spread like wild fire. Conch shells were blowing, sweets were distributed,  diyas  and candles were lighted. This was the scene and extent of celebrations at a small colony in Kanpur an industrial town some 220 kilometers f...

  Vivek Sinha   February 12, 2015 Yes, this is a historic win. The Aam Aadmi Party (AAP) and its supremo Arvind Kejriwal have stunned everyone by their dazzling performance in the Delhi Assembly Elections, such that both BJP (Bhartiya Janata Party) and Congress—two national parties, are now decimated in the country’s capital. It’s not a common occurrence that a political party manages to win 67 seats in a 70 seat legislature. In the coming weeks and probably several months from now, this election victory will remain the talk of the town. Already political pundits and psephologists have taken upon themselves to explain about how BJP lost the plot for Delhi Assembly and why Modi’s charisma is on the wane or that the much touted ‘Modi wave’ has now hit the Kejri “wall”. Whichever way one looks at this election, nobody can deny the fact that these elections have indeed made a mockery of two national parties of India—the BJP and Congress. While Congress scored a perfect zero, BJP m...

Vivek Sinha   Mister Arvind Kejriwal, the Chief Minister (CM) aspirant of AAP (Aam Aadmi Party) is displeased at not being “invited” to watch the Republic Day Parade of India. He publicly expressed his annoyance saying he did not understand his exclusion from the list of VIP invitees and claimed that as ex-CM of Delhi he ought to have been invited to watch the Parade. Mr Kejriwal’s displeasure is more of a political stunt that has become quite routine over the last one year. It would be prudent to remember that last year when Mr Kejriwal was Delhi’s Chief Minster he made all possible efforts to disrupt the Republic Day Parade by sitting on a   dharna (demonstration) on the route of the Parade. He even went on to mock this same Parade when he stated that a bunch of VIPs (Very Important Persons) in designer clothes watch the military march and that the Parade is a slap on the face of a common man. In the interest and benefit of common man this Parade should be boycotte...

"Praznath (the identity)" - a short film, by Vivek Sinha, is the story of a young and successful Kashmiri Pandit boy who wants to return to his ancestral home in Srinagar. Ishan Bhat (a Kashmiri Pandit) has completed his engineering in Computer Science from IIT Delhi. During his last days at college he bags a lucrative job offer in the US. However, Ishan decides to settle at his ancestral home in Srinagar instead. He hires a taxi on his way from Jammu Railway Station till Srinagar. The taxi driver is Basheer, a Kashmiri Muslim. So why did Ishan turn down a job offer in the US and opt to settle at Srinagar? How do Basheer and other Kashmiri Muslims react to Ishan's decision to settle in Kashmir? What will he do at Srinagar? Does he succeed in his objective? What happens after Ishan reaches Srinagar? "Praznath (the identity)" seeks to answer these questions.

A few months ago I was on a quiet saunter with Stuti, my daughter, when I crossed the neighbourhood shopping complex. Holding my hand she pointed towards the sweets shop asking for a chocolate. "Which one?" I asked. "Ummmm.....okkkayy.....this....i will settle for this one," she said finding it difficult to zero in on one particular type. Chocolates are her weakness and if permitted then she could have them for lunch!!! But, Stuti knows that I allow this indulgence of her s only to an extent. She always gets upset with my objection to her over-indulgence in chocolates. "Chocolates are so tasty....why don't you give me a whole bag of chocolates to eat everyday?," is her response every time I object. "You will spoil your health if you eat too much chocolates," I try to reason out with her, every time. Well, that day I was happy that she asked for only one chocolate. I happily bought one for her, playfully tore away it's wrapper and gave the...