-TheWire.in The finance ministry can continue to quibble, but the stark fact is that decades of underspending in Education and health may result in India wasting its demographic dividend. On October 11, the World Bank launched the latest of its country rankings: the Human Capital Index (HCI). The objective of the index is to show how low Education and health outcomes – or human capital – impact productivity, growth and prosperity. The...
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World Bank's 1st Human Capital Index: India lower than Bangladesh, Nepal; Finance Ministry rejects report
-The Indian Express In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country. The World Bank on Thursday released its first report on Human Capital Index (HCI), which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh. Singapore topped the poll after it was highly rated for its universal...
More »Ganga activist GD Agarwal dead: Opposition lashes out at Govt; Gadkari claims most of his demands were met
-The Indian Express On Wednesday, Water Resources and Ganga River Rejuvenation Minister Nitin Gadkari said two of Agarwal's demands were accepted. New Delhi: Most of the demands put forward by environmental activist GD Agarwal, who passed away at AIIMS Rishikesh following an indefinite fast demanding conservation of River Ganga, had been accepted by the government and an e-flow gazette notification was issued on Tuesday to this effect. On Wednesday, Water Resources and...
More »India ranks 147th in Oxfam world inequality index
-PTI Ranks among bottom 10 countries London: India has been ranked among the bottom 10 countries in a new worldwide index released on Tuesday on the commitment of different nations to reduce inequalities in their populations. UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ ranks India 147th among 157 countries analysed, describing the country’s commitment to reducing inequality as a “a very worrying situation” given that it is home to 1.3...
More »SC to RBI: Reply to plea over banks not passing on rate cuts -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court asked the Reserve Bank of India on Monday to break its 10-month silence and reveal its decision on complaints that banks do not reduce floating interest rates on existing loans for buying homes, vehicles or consumer durables proportionate to its repo rate cuts (rate at which RBI lends money to banks). Petitioner ‘MoneyLife Foundation’ told the court that it wrote to RBI last...
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