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LATEST NEWS UPDATES | Big rural credit push from RBI, start-ups put in priority sector -George Mathew

LATEST NEWS UPDATES

Big rural credit push from RBI, start-ups put in priority sector -George Mathew


September 5, 2020

-The Indian Express Loan limits for renewable energy, health infrastructure doubled The Reserve Bank of India (RBI) on Friday brought financing of start-ups under the priority sector lending (PSL) category of the banking sector, proposed more credit flow to districts with lower PSL, and doubled loan limits...

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What GDP numbers didn’t tell -Surajit Das
September 5, 2020

-TelanganaToday.in Pvt consumption and investment (90% of GDP) have shrunk 35% and revised numbers could present a scarier picture On 31st August, the National Statistical Office (NSO) came out with the provisional estimate of the GDP. According to this, the GDP shrunk by 23.9% during April, May...

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TMC slams Centre for cancelling Question Hour in Parliament but does the same in Bengal -Indrajit Kundu
September 4, 2020

-IndiaToday.in The Mamata Banerjee-led West Bengal govt has decided to cancel the Question Hour during the upcoming state assembly session. Kolkata: The Trinamool Congress may have been on the warpath against the BJP over the Modi government's decision to cancel Question Hour during the upcoming Monsoon Session...

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Why Centre’s Stance on GST Compensation is Utterly Bizarre -Prabhat Patnaik
September 4, 2020

-Newsclick.in Finance Minister Nirmala Sitharaman invoking ‘Act of God’ to deny states their promised dues, not only violates an Act of Parliament but also defies economic logic. When the Goods and Services Tax (GST) was introduced, and states virtually gave up the power to levy indirect taxes...

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The dispensable India: Data shows how DNTs, Adivasis, Dalits, Muslims bore lockdown brunt -Anusha Chandrasekharan
September 4, 2020

-Down to Earth These communities have suffered on most social indicators due to a mix of poor logistics as well as prejudice and ostracisation   Dalit, Muslim and Adivasi households and neighbourhoods have suffered terribly in the aftermath of the novel coronavirus disease (COVID-19) pandemic in the...

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