-Press release by Village Square Youth Hub dated 5th September 2022 The Rural Media Fellowship 2022 is for young journalists to tell the powerful stories of rural India. The 9 months fellowship will include a monthly stipend of Rs 35,000 along with training from leading sector-experts. An opportunity for young passionate journalists to leverage storytelling as a tool for social change Mentorship from Industry Experts, Stipend Included Village Square Youth Hub is launching a...
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Rajasthan launches 100-day job scheme for urban areas
-Hindustan Times Rajasthan chief minister Ashok Gehlot on Friday launched the ‘Indira Gandhi Urban Employment Scheme’ to provide 100 days of employment in a year to families residing in urban areas. Launching the programme at a state-level event in Ambedkar Bhawan, Gehlot termed it a “historic initiative”. He added that the new scheme was mirrored along the lines of MGNREGA, which was started during the UPA government’s tenure for employment in Rural areas...
More »Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik
-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...
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 »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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