-The Hindu Scheme will be implemented even for borrowers who did not avail moratorium. Three weeks after informing the Supreme Court that the Centre would bear the additional compound interest on loans of up to ₹2 crore availed by retail borrowers as well as micro, small and medium enterprises (MSMEs), the government formally communicated the modalities of the scheme to lenders on Friday. Banks and other lenders, including co-operative banks and non-banking finance...
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Credit Suisse report: ‘Despite Covid, wealth of Indian adults rises marginally in 6 months’
-The Indian Express Over the first half of 2020, while average wealth rose by only 1.7 per cent, Credit Suisse estimated that the full rise for 2020 will be 5-6 per cent and 2021 will see growth of about 9 per cent. The average wealth of Indian adults rose marginally by $120 (about Rs 8,800) to $17,420 (Rs 12.77 lakh) at end-June 2020, as against $17,300 as of December 2019, showing some...
More »WHO informed India on January 11 about virus in Wuhan: RTI reply -Vijaita Singh
-The Hindu In RTI reply, NCDC says WHO official sent an “alert mail” to Union Health Minister The World Health Organisation (WHO) informed India as early as January 11 that the reported dates of onset of novel coronavirus circulating in China’s Wuhan ranged between “12-29 December 2019,” according to information accessed through Right to Information (RTI). The RTI reply shows that the WHO also “advised against any travel or trade restrictions on China...
More »Dr Shailaja Fennell, PhD supervisor at the Centre of Development Studies and the Department of Land Economy, interviewed by Durganand Balsavar (The Hindu)
-The Hindu New research at University of Cambridge focuses on rural knowledge systems and sustainable practices to safeguard the ecosystem An academic with research interests in food production, rural development and gender equality in development interventions, Shailaja Fennell has worked on several international projects to promote sustainability and build resilience. She supervises M.Phil students at the Centre of Development Studies – University of Cambridge, and Ph.D students at the Centre of Development...
More »Centre curbs stock limits to cool onion prices
-The Hindu First imposition of limits after amendment to Essential Commodities Act. With onion prices crossing ₹100 per kg in several cities, the Centre imposed stock limits on wholesalers and retailers until the end of the year to prevent hoarding. This is the first time stock limits have been imposed on any commodity after the Essential Commodities Act was amended last month to reduce such interventions. Under the curbs, wholesale traders will not...
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