-Financial Express The credit outstanding to industry stood at Rs 32.4 trillion as of September 23, according to the data. The banking sector lending to industry has picked up, led by disbursals to the micro, small and medium enterprises (MSME) sector. Bank credit to industry improved 12.6% year-on-year in September, compared to a muted 1.7% growth in the same month last year, data released by the Reserve Bank of India (RBI) showed. Banks’...
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Why GM mustard faces vocal opposition despite regulator nod -Amarnath K Menon
-India Today Once the government gives final approval, it will be another three years before farmers can begin commercial cultivation using GM mustard seeds Approval for the environmental release of genetically modified (GM) mustard—Dhara Mustard Hybrid-11 (DMH-11)—across India has not come a day too soon. The GM crops regulator, the Genetic Engineering Appraisal Committee (GEAC), had cleared GM mustard in 2017 but the Indian government raised questions and asked for more studies,...
More »Deliberative democracy -Namrata Jeph and Rajesh Ranjan
-The Telegraph Citizens’ participation in policy-making is an important factor in assessing the quality of democracy Within five days of the announcement of Agnipath, the scheme had been amended 10 times, raising the larger question concerning consultation in policy-making. The Bharatiya Janata Party-led National Democratic Alliance government has taken a number of policy decisions without public consultation — from demonetisation, which saw 60 changes in 43 days, to GST, which has been...
More »How do voters assess the Gujarat government? -Vibha Attri and Vanshika Sharma
-The Hindu While the BJP-led State government is rated positively, there is not a great deal of endorsement for its famed development record The Bharatiya Janata Party (BJP) formed the government in Gujarat in 1995. Since then, it has more or less remained in power. Now, it is seeking yet another term. The Lokniti-Centre for the Study of Developing Societies (CSDS) survey sought to gauge public opinion in Gujarat on the government’s performance...
More »Gujarat: 130 die as suspension bridge over Machhu river collapses
-Reuters, PTI/ The Telegraph TV footage showed dozens of people clinging on to the cables and twisted remains of the collapsed structure as emergency teams struggled to rescue them Morbi: The death toll in Morbi suspension bridge collapse in Gujarat rose to 130 on Monday with rescue personnel recovering more bodies from the Machchhu river, a police official said, reports PTI. At least 60 people were killed when a pedestrian bridge over a...
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