-The Indian Express In all, the 42 RRBs have sanctioned Stand Up India loans to 536 people — 97 under the SC head, 32 in the ST category and 407 general category women. Three RRBs have not sanctioned a single such loan to general category women. Every bank has been told that it will be your responsibility to ensure that wherever you have a branch, you have to give loans to two...
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RBI surveys show general economy in 'pessimistic zone', jobs big worry -George Mathew
-The Indian Express Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds. Mumbai: A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in...
More »UP: Some comic no relief -Abheek Barman
-The Economic Times blog In 2016-17, the average Indian earned Rs 1.12 lakh a year, about Rs 9,300 every month. That year, the average person in Kerala made Rs 1.98 lakh a year, a monthly income of Rs 16,500. Uttar Pradesh is home to 200 million people, the combined population of Italy, South Korea and Spain. Each average person in UP earns Rs 72,300 every year, around Rs 6,000 per month. The...
More »Face the decline -Himanshu
-The Indian Express To suggest that demonetisation improved rural wages on the basis of rise in income of some workers is misleading. It halted the recovery of the rural economy, which had begun after the 2016 monsoon. There is now a consensus that the economy has been slowing down and is headed for a hard landing. Many who matter have spoken out and as Yashwant Sinha points out (‘I need to speak...
More »Gujarat Sees 'Minimum Dalit Atrocities', Claims Amit Shah: A Factcheck
-BoomLive.in/ Factchecker.in Crime rate for atrocities against scheduled castes (SCs) in Gujarat was 32.5% in 2016, above the national average of 20.4%, according to government data. “Gujarat is among states that witness minimum Dalit atrocities,” Bharatiya Janata Party (BJP) president Amit Shah said on September 10, 2017, while addressing a youth town hall meeting in Ahmedabad. Shah is wrong, as the crime rate for atrocities against scheduled castes (SCs) in Gujarat was 32.5%...
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