-TheWire.in * As of last year, financial institutions from India were the third-largest investors out of six countries financing 80% of the world’s coal Investments. * A 2021 report found that ICICI, the State Bank of India, Axis Bank, Trust Group and HDFC were among the fourth-biggest group of financiers of coal-based projects worldwide. * Indian commercial banks’ large-scale Investment in Big Infra has exposed the Indian people’s savings and personal Investments to...

Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...

-The Hindu Business Line Lack of data and monitoring on cropping patterns and water use has given irrigation schemes a bad name Long before the British Raj, India was a pioneer in canal irrigation by building dams across rivers. After Independence, considering the importance of canal irrigation, the Central and State governments have been giving increased thrust to its development. Today, India is one of the countries with the largest number of...

-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...

-The Hindu India’s focus should be on Investment in human capital, on older adults living with dignity, and on healthy population ageing The United Nations’ World Population Prospects (WPP), 2022, forecasts India becoming the most populous country by 2023, surpassing China, with a 140 crore population. This is four times the population India had at the time of Independence in 1947 (34 crore). Now, at the third stage of the demographic transition,...