-The Hindu Flags risks in MUDRA, Kisan credit card loans in his report to MPs’ panel New Delhi: Former RBI Governor Raghuram Rajan has cautioned that the next crisis in India’s banking sector could come from loans given to the unorganised micro and small businesses, called MUDRA loans, and credit extended through the Kisan credit card. MUDRA loans are offered under the Prime Minister Mudra Yojana or PMMY, launched in 2015 by the...
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Death in Swachh Bharat scuffle: Police clear all civic officials -Deep Mukherjee
-The Indian Express The incident at Mehtab Shah Kutchi Basti had caused nationwide outrage with activists severely criticising the Rajasthan government after it cited the preliminary post-mortem report to claim that Hussain died due to cardio-respiratory failure. Jaipur: MORE THAN a year after a 53-year-old man died in Rajasthan’s Pratapgarh following a scuffle with local civic officials engaged in the Swachh Bharat campaign — he objected to them taking photographs of...
More »'Uneducated, unmarried women have less access to mobiles': study -Karishma Mehrotra
-The Indian Express The research shows that India’s mobile phone gender gap - 33 per cent - is among the highest in the world, surpassing several countries with comparable incomes, development levels, and mobile phone costs. New Delhi: Apart from economic constraints, social barriers like the level of education, marital status and the lack of empowerment prevent women’s access to mobile technology in India, suggests a study by the Harvard Kennedy School. The...
More »Cause for caution: On India's GDP growth -Puja Mehra
-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...
More »Areas under Maoists have shrunk by 40% in past three years: CRPF chief -Vijaita Singh
-The Hindu CRPF Director-General R.R. Bhatnagar says the force is getting closer to the core areas of the extremists, cutting down the striking distance and striking time. The Central Reserve Police Force (CRPF) has opened 15 new security camps in Chhattisgarh’s South Bastar this year to choke the presence of Maoists, CRPF Director General R.R. Bhatnagar said. Speaking to The Hindu, he said South Bastar or the Dandakaranya Special Zone Committee (DKSZC), led...
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