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Post-1991, inequality has widened: Ramesh

-The Hindu India's achievements in education were mixed, says the Congress MP. Chennai: The economic reforms that started in 1991 have helped cut poverty significantly even as inequality has widened appreciably, said Jairam Ramesh, Member of Parliament, and author of a book To the Brink and Back: India’s 1991 Story. “Poverty has declined significantly since 1991 while inequality has gone up during the same period. Inequality has become sharper; it has become worse....

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How did economic reforms change the average Indian’s diet? -Roshan Kishore

-Livemint.com Economic reforms have diversified Indian diets, but there is still not enough on the plate It has been 25 years since economic reforms in India. What has been liberalisation’s effect on the average Indian’s diet? Is it any different today than what it was in 1991? Which of the periods saw more changes in our food plates: Independence to economic reforms or the post-reform period? Food Balance Sheet prepared by FAOSTAT,...

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Sweden Best In The World, India Ranks 70th in Good Country Index

-PTI London: Sweden has been voted as the best country in the world when it comes to serving the interests of its people and contributing to the common good of humanity while India figured low at 70th position on a list of 163 nations. According to the 'Good Country' 2015 index which seeks to measure how countries contribute to the global good, Sweden, relative to the size of its economy, does more...

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Grain vanishes from Punjab godowns; may burn Rs 12,000-crore hole in bank books -Sangita Mehta & MC Govardhana Rangan

-The Economic Times MUMBAI: The splotch of red ink on bank Balance Sheets is set to become bigger as a new scandal in the form of disappearing food stocks in Punjab godowns threatens to burn a Rs 12,000-crore hole in their books and embarrass the Parkash Singh Badal administration. The Reserve Bank of India (RBI) has ordered all banks with exposure to the Punjab government's food borrowing programme to provide for potential...

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In FY15, banks with high NPAs rejected more RTI requests -Surabhi

-The Hindu Business Line IOB, BoB and Canara Bank lead, finds study by Commonwealth Human Rights Initiatives   New Delhi: As the Finance Ministry and the central bank try to clean up the Balance Sheets of troubled public sector lenders, a new study has found that banks that saw a sharp rise in bad loans in 2014-15 were not very forthcoming with information requests by the public. While noting that there was “no positive...

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