-PTI/The Telegraph Joblessness rate is defined as the percentage of unemployed persons among the labour force The unemployment rate for persons aged 15 years and above in Urban Areas dipped to 7.6 per cent during April-June 2022 from 12.6 per cent a year ago, the National Statistical Office (NSO) said on Wednesday. Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force. Joblessness was high in April-June 2021...
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Organic takeover: How 10,000 farmers of Telangana, Andhra are steering a silent movement -Abhay Kumar Singh
-Down to Earth A federation of farmer-producer organisations has tapped into the growing organic market to help members raise incomes Catering directly to the consumers’ needs assures better marketability and incomes. This is what nearly 10,000 farmers of Telangana and Andhra Pradesh have realised over the past decade and are now steering a silent organic movement. It all began in 2009, when a group of consumers in Hyderabad, then part of unified Andhra...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
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...
More »India has reason to celebrate the increase in its Ramsar sites, but it is not enough to conserve its existing wetlands -Shahzada Iqbal and Orus Ilyas
-TheLeaflet.in As India celebrates an increase in its total number of Ramsar sites to 75, this brings into sharp relief the deteriorating state of natural wetlands across the country, especially in Urban Areas. —– Why were wetlands in the news recently? EVERYONE is careful about consuming clean and pure water to protect their kidneys from malfunctioning. But what about the earth’s kidneys, the wetlands? According to the Press Information Bureau, on August 13, India...
More »RBI Bulletin: A big bang approach to PSB privatisation may do more harm than good
-Moneycontrol.com The study also suggests that market confidence tends to be in favour of PSBs in terms of crisis. The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a big bang approach to privatisation of government-owned banks may do more harm than good. A paper published in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges...
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