Prof. Swaminathan is an advocate of moving India to sustainable development, especially using environmentally sustainable agriculture, sustainable food security and the preservation of biodiversity, which he calls an “evergreen revolution”. He has worked worldwide in collaboration with colleagues and students on a wide range of problems in basic and applied plant breeding, agricultural research and development and the conservation of natural resources.
The regulations cover several issues that constitute areas of concern for most of you present here this evening, such as: extending the transition period for Basel II implementation with reference to the capital cost of operational risk calculations; procedure simplification for opening a branch office, including sharia banks; adjustment of risk-weighted assets for Small Enterprise Loans with a guarantee scheme; adjustment of the credit assessment method for specified amounts; providing USD repurchase agreement (repo) facility between banks and Bank Indonesia; as well as reducing liabilities regarding the provisions for losses of nonearning asset (abandoned assets).