-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...
More »SEARCH RESULT
"Or Else My Family...": IAS Officer Seeks Protection In Madhya Pradesh -Anurag Dwary
-NDTV.com Lokesh Kumar Jangid, a 2014-batch IAS officer, faces notice from the Madhya Pradesh government over allegations that he posted in a private group of IAS officers in Signal All India Bhopal: A young Indian Administrative Service officer has sought police protection in Madhya Pradesh after he made corruption allegations against state officers in a private messaging group in the app Signal. Lokesh Kumar Jangid, a 2014-batch IAS officer, is already facing a notice...
More »PM's address to nation: Top 5 announcements in Modi's speech today -Vivek Punj
-Livemint.com * Centre to take over vaccination programme from states, provide free jabs to Indians aged 18 years and above * PM Garib Kalyan Anna Yojana extended till November this year, to benefit 80 crore Indians Prime Minister Narendra Modi announced a slew of decisions on Monday regarding the vaccination drive against coronavirus. The Prime Minister announced that central government will take back control of the vaccination programme from states and provide free...
More »How Punjab's Dalit Labourers Are Trapped to Live a Bonded Life -Vivek Gupta
-TheWire.in A survey revealed that big peasants, who were among the top lenders to the labourers, gave them loans in the garb of paying low daily wages. Mansa, Patiala (Punjab): A narrow dirt road alongside a filthy pond enters Neelam’s one room house at Aklia village of Punjab’s Mansa district. The house is just a pile of bricks. The floor is muddy and uneven. Neelam, in her 40s, says that whenever heavy rain...
More »Why do MSMEs rarely get compound interest on delayed payment claims? -Vivek Sharma
-TheLeaflet.in Explaining the predicament of Micro, Small and Medium Enterprises (MSMEs) when opting for payment claims under the MSME Development Act, 2006, Vivek SHARMA writes about why, in practice, the statutory compound interest enshrined in the law is rarely executed, and offers suggestions to bolster the law and secure the interests of MSMEs in this regard. MICRO, Small and Medium Enterprises (MSMEs) play a significant role in India’s GDP and export story....
More »