-The Telegraph The development is considered significant in the backdrop of Centre’s decision to freeze funds under the scheme citing embezzlement Calcutta: The state panchayat and rural development department has asked district authorities to strictly follow all norms for projects under the 100 days’ job scheme when central funds are released. The development is considered significant in the backdrop of the Centre’s decision to freeze funds under the scheme citing embezzlement. “The development is...
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Rupee Co-operative Bank’s collapse leaves many depositors in distress -Siddhi Nayak
-Moneycontrol.com Rupee Co-operative Bank's depositors are dealing with financial hardships and navigating family emergencies as they struggle to access their own money In the 1990s, Virendra Kumar Joping’s father, a small-time carpenter, came to Pune from Rajasthan to earn a living. Over the years, he saved his hard-earned money by opening a fixed deposit in Rupee Co-operative Bank. Rupee Co-operative Bank was among the trusted names in Pune. Little did the Joping family...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Graft claims in MGNREGA squeezing poor workers, millions unpaid for months -Himanshu Nitnaware
-Down to Earth Zero funds to Bengal, Lakshadweep this year, Centre admits in Parliament; activists ask to use pre-existing mechanisms to handle graft Millions of workers employed under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) have not received wages for months. Workers from West Bengal are especially affected, with 13.2 million people unpaid for seven months. Bengal is the only state that received no funds under the 100-day work scheme in...
More »What does 5 yrs of school give? 1960s-born Indian women learnt more than 1990s kids, says study -Nikhil Rampal
-ThePrint.in Women born in 1960s with 5 years of schooling almost 100% literate, while figure was around 40% for 90s-born women, says working paper by US-based Center for Global Development. New Delhi: There’s no doubt that India has made immense progress in its literacy rate, which rose from about 14 per cent at the time of Independence to 74 per cent in the 2011 census. But, has the quality of school education...
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