Tuesday, 18 January, 2022
TopicDebt trap

Topic: Debt trap

How better institutional credit is shielding poor from moneylenders in rural India

The share of traditional moneylenders to rural credit has come down significantly as institutional financing has become more accessible in a post Jan-Dhan account-holding India.

World Bank calls on China to cancel debt to coronavirus-hit poor countries

Of the amount due in the G20 debt plan, $7.17 billion, was to China and the amount is likely to rise to $10.51 billion next year if the debt service is extended.

Most countries don’t know how much they owe China — and it’s a lot

With loans totalling over $700 billion, a new study has found that over half of China’s lending to developing countries is ‘hidden’.

Two phrases critics of China’s BRI must not use – debt trap & threat to sovereignty

The debt trap argument overlooks a range of short to medium-term economic problems that BRI creates for host countries.

India relieved as President Solih’s party wins Maldives polls, but shadow of China remains

The parliamentary election results mark Maldives’ return to ‘India first’ policy while arresting its tilt towards China.

These images show how strongly China has Sri Lanka in its grip

ThePrint looks at Sri Lanka through the satellite cameras to understand how China is squeezing it through its tried-and-tested debt trap.

On Camera

YourTurn

Priyanka Gandhi Vadra of Congress, a forerunner of women's question in India | PTI

Be it Congress, BJP, AAP—women’s question in India is a partisan issue. And that’s not so bad

India's woman question tests party imagination. Congress's focus on Nirbhaya, Unnao rape victim, and BJP's Uniform Civil Code show how.
President Xi Jingping addressing a meeting

Nations must secure global supply chains, prevent inflation shocks: Xi Jinping at WEF

In his 3rd address to World Economic Forum, Chinese President Xi Jinping said 'we need to resolve various risks and promote the steady recovery of the world economy'.

Defence

HAL likely to be in fray for Navy’s NUHs after defence ministry junks Coast Guard chopper deal

Last week, the Defence Acquisition Council scrapped the Coast Guard programme to buy 14 twin-engine helicopters under Buy Global category. Other projects under review now.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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