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...
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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...
More »Launch a national tribal health mission -Abhay Bang
-The Hindu It can be the path to a peaceful health revolution for the 11 crore tribal people in India For the first time since independence, a tribal President has become a reality in India. This is a very positive signal given to the tribal people by the Narendra Modi government. On this International Day of the World’s Indigenous Peoples, let us explore how this symbolic gesture can be turned into a...
More »1 in 100 indians carries hidden heart risk, reveals Study -GS Mudur
-The Telegraph People with disorders may appear healthy but are susceptible to dangerous patterns of cardiac electrical activity that could cause palpitations, blackouts or even death About one in 100 otherwise healthy Indians carries genetic variations linked to electrical disorders in the heart that can lead to sudden cardiac death, a Study of 1,029 genomes has indicated. The Study, the first in India to estimate through genomes the population prevalence of disorders called...
More »How to Curtail Double Burden that Keeps Women out of Paid Work -Shirin Akhter & C Saratchand
-Newsclick.in The authors propose a project to increase the long-term employment of women that decisively breaks from neoliberalism. Like other countries where the neo-liberal project is ascending, India is witnessing a rise in unemployment and a falling labour force participation of women. Proponents of the neo-liberal project claim that women’s labour force participation falls in periods of rising family incomes. The question, however, remains that even if family incomes were rising (though...
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