Global rating agency Moody’s investor service on Thursday said India’s Budget 2016-2017 is credit negative for public sector banks because of the insufficient allocation of capital for the segment.“The budget is credit negative for public China wholesale household appliance injection mold sector banks because the government has stuck to its capital infusion roadmap ann-ounced in 2015, budgeting Rs 25,000 crore in infusi-ons,” says Srikanth Vadla-mani, a Moody’s vice-president and senior credit officer.“By contrast, we believe that unless the banks receive Rs 1.45 lakh crore for the four fiscal years ending March 31, 2016 to March 31 2019, their credit profiles will worsen,” he added.Under the Indradhanush programme announced last year, the government would infuse Rs 70,000 crore in state owned banks over four years. The banks will therefore have to turn to the government for capital injection at least over the next 18 months.

Global rating agency Moody’s investor service on Thursday said India’s Budget 2016-2017 is credit negative for public sector banks because of the insufficient allocation of capital for the segment. However, it added that the budget is moderately credit positive for most sectors.“However, the proposals do not contain significant measures to address structural fiscal challenges,” it said.According to Moody’s, the budget indicates a continued commitment to gradual fiscal consolidation by bringing down fiscal deficit to three per cent over the next two years.

The rating agency pointed out that public sector banks are unlikely to gain access to the capital markets for equity capital in the near term, given their low valuations. On the issue of securitisation, Moody’s said that the development of securitisation markets in India and China will help the two countries achieve their common goal of building inclusive financial systems that will ultimately bring affordable credit to the underprivileged segments of their societies

It’s barely 10 pm as we make our way out of Mohammed Ali Road, but we get caught into a wave of visitors, who are only getting started in the Mumbai street that never really sleeps during Ramzan. But as they said, good things come to those who wait.For our final stop, we zero down on Tawakkal Sweets to indulge our sweet tooth. “The annual store is set up to serve the usual brain, kidney and liver but the key takeaway is the quail (buttail) and partridge (teetar),” explains Rushikesh Kulkarni, of Breakfree Journeys, who is our guide for the evening. While we opted for the kakori sheekh kebab (mutton), the place still remains famous for khiri kebab, (buffalo udders) which is threaded over skewers and cooked over charcoal.

It’s that time of the year when Mohammed Ali Road turns into a Mecca for food lovers.Next, we decide to take a tour to Bohri Mohalla, which is an alternative for Ramzan fare, and as the name suggests, a place where Bohri Muslims gather to offer their evening prayers.We scout the lanes of the busy, chaotic Mohammed Ali Road for our fix of iftaari food. This meat, marinated with spices and generously sprinkled with chaat masala, is best mopped up with a roti or naan..Mutton kebabs at Haji Tikka (Photo: Julie Sam)“Originally from Madhya Pradesh, we sell at least 50 kg of these jalebis on a daily basis during Ramzan,” explains Mohammad Hussain, the owner. “Bohri Mohalla has equally good food since it is stationed next to a mosque, but these aren’t make-shift stalls like the ones at Mohammed Ali Road,” explains Rushikesh, as we tuck in for a bite at Haji Tikka.The gates of the mosque house makeshift eateries that wrestle for space and attention with your regular, but heavyweight eateries, as they come alive for exactly 30 days. “This makes for some extra source of income,” he explains. With time, a few temporary stalls have come up, and do try to eat into Hussain’s business but he believes that a few placards which have “Old Shop” written on them, will do the trick. “It is quite possible that the ban has made it even more famous!” laughs the server at the store, suggestively. Minara Masjid (Photo: Debashish Dey) The nondescript lanes leading towards Mohammed Ali Road may fool you into believing that it is just another day in the loud, bustling street. However, a few steps towards Minara Masjid will put your worries to sleep. The milk thickened with rice flour and flavoured with cardamom, almonds and pistachios, melts in the mouth, with a subtle aftertaste of saffron.

The walk towards Mohammed Ali Road, adjacent to Minara Masjid is a slow one, with mopeds and scooters dotting the lanes adding to the chaos.Another temporary stall, which is the star attraction in the street, is a tandoori kiosk right in front of Islahi Dawakhana. We are seated at one of the many tables, which have extensive illustrations of the desserts served there, as we decide to dig into phirni. Meat pieces skewered onto Barrel injection mold Manufacturers tandoors in various colours are deep-fried or grilled depending on the customer orders for the evening. As the sun sets during Ramzan, these otherwise-quiet streets turn into a one-stop shop for mouthwatering food. After seating ourselves in no-frills plastic chairs, we begin to devour the tandoori quails as soon as it arrives.Tandoori quailsThese stalls also offer employment for workers like Babu bhai, who otherwise spends the rest of the year selling fruits in Govandi.One such hole in the wall, a four-by-four foot stall that has been standing ground for the past 15 years is Burhanpur Jalebi, which only sells mawa jalebi, which is best described as a crispier version of gulab jamun. The place is famous for its fresh malpuas and phirnis. A stream of steady of visitors from the mosque adds to the delay in you reaching your destination

“A large portion of the plastic waste comes from packaging,” said Mr Anbalagan. The MPCB has claimed that out of 22,570 metric tonnes of waste that were generated daily, around 1,000-1,500 constitute plastic waste. “Although urban cities can limit their solid waste generation, it is important to address whether the waste is disposed or recycled properly.Tamil Nadu, Uttar Pradesh, Delhi and Gujarat followed the state in 2017.

Maharashtra retained its title as the country’s largest generator of solid waste in 2017, as per the data of the Union ministry of new and renewable energy. Anbalagan, member secretary, MPCB. The Maharashtra Pollution Control Board (MPCB) has said the high numbers reflect that it China automotive injection mold Manufacturers has been effective in collecting garbage.Solid waste management (SWM) experts have said there is a need to address the crisis of mismanagement of solid waste in the state. The total solid waste generated by the country in 2017 amounted to 1,45,626 mt/d. Under the Swachh Bharat Mission, the Centre had released Rs 200 crore for the SWM for Maharashtra for 2017-18. As per the data by the civic body’s Environment Status Report 2016-17, 9,400 mt of solid waste is generated every day out of which only 3 per cent is plastic. Till now, the SWM Rules, 2016 has not being followed accurately and the city’s dumps are being flooded with waste without proper segregation,” said Rishi Agarwal, a Mumbai-based SWM expert. In 2015, Maharashtra also ranked number one in solid waste generation, with around 26,820 metric tonnes per day (mt/d). Moreover, the state’s capital, Mumbai contributed around 41 per cent of the state’s per day solid waste generation.

The Maharashtra Pollution Control Board (MPCB) has said the high numbers reflect that it has been effective in collecting garbage. We have the highest number of urban bodies — around 260. The waste-collection mechanism in the state is the most effective with around 90 per cent of waste collection ensured,” said P.. The total solid waste generated by the country in 2017 amounted to 1,45,626 mt/d. Out of this, we have 26 municipal corporations, the highest in any state. “There has been an increase in transparency of recording the waste collected from households in Maharashtra. In one of the Lok Sabha Question and Answers posted on Thursday it was revealed that there is an estimated generation of 22,570 metric tonnes of solid waste in Maharashtra per day as of November 2017