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Indian banks gave more home loans than agricultural credit

In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...

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No caste certificate, no admission: Why Chhattisgarh’s displaced Adivasi children can’t go to school - Pratyush Deep

Their lack of documentation means they struggle to enrol in schools and colleges in Andhra Pradesh and Telangana - Newslaundry Tribal youth displaced from Chhattisgarh are finding it difficult to enrol in schools and colleges in AP and Telangana because of the difficulty in obtaining caste certificates, Newslaundry reports. Primary schooling isn’t a problem because even remote hamlets have primary schools up to Class 5. However, to study further, they have to...

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Joshimath sank 5.4cm in 12 days, ISRO satellite images show - Poulomi Ghosh

-Hindustan Times The National Remote Sensing Centre of the Indian Space Research Organisation has released satellite images of Joshimath, the Uttarakhand town gradually sinking because of land subsidence. It has revealed that a rapid subsidence of 5.4 centimeters has been recorded in 12 days between December 27, 2022 and January 8, 2023. The 12-day period of subsidence has been rapid, because between April 2022 and November 2022, Joshimath saw a slow...

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India's wheat output may set new record of over 112 lakh tonnes in 2022-23 - PTI/Economic Times

The country's wheat production is likely to set a new record of more than 112 million tonnes in the 2022-23 crop year (July-June), government officials told Press Trust of India. Wheat production had declined to 106.84 million tonnes due to heat wave in key growing states in the 2021-22 crop year, as per agriculture ministry data. In 2020-21, the country had achieved a record wheat output of 109.59 million tonnes....

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PMO holds high-level meet on Joshimath land subsidence; Experts conduct study

-Hindustan Times The meeting came after Prime Minister Narendra Modi expressed concern over the Joshimath land subsidence issue and reviewed the situation with Uttarakhand chief minister Pushkar Singh Dhami The Prime Minister’s Office (PMO) has held a high-level review meeting on the land subsidence activities in Uttarakhand’s Joshimath and a team of central agencies and experts are assisting the state government to prepare short, medium and long-term remedial measures to deal with...

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