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Meeting the IMF, RBI forecast of 9.5% GDP growth this year now a challenge, says Dr Rangarajan -E Kumar Sharma

-Financial Express Dr Rangarajan feels that perhaps we may end the year with GDP growth in the region of 7 or 8 per cent. The much awaited news on the SECond quarter Gross Domestic Product (GDP) numbers showing a growth of 8.4 percent as compared to 7.4 percent contraction in Q2 2020-21, has come as a dampner. Economists now see serious challenges in India being able to hit the full year GDP...

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SECond jab overdue for 19 lakh, figures fox health officials -Subhajoy Roy

-The Telegraph Those who have crossed the maximum advised gap between two doses of Covid vaccines are counted in the list of overdue doses, said another health department official There are more than 19 lakh people in Bengal who have not taken their SECond doses despite the due dates to take them getting over.  Some of them have claimed that they took two doses at separate centres. But the authorities are not asking for...

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Big Defaulters: When RBI Declines To Reveal to Parliament Details of Written-off Loans of Big Corporates

-MoneyLife.in While lenders harass individual or small borrowers to the point of even releasing the borrowers’ photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major corporates.    In a written reply, Dr Bhagwat Karad,...

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Pradhan Mantri Garib Kalyan Yojana Extended Till March 2022, Says PM Modi

-ANI/ NDTV.com Earlier this year, the Centre approved further allocation of additional foodgrain to National Food SECurity Act (NFSA) beneficiaries under Pradhan Mantri Garib Kalyan Yojana (Phase IV) till November.  New Delhi: Prime Minister Narendra Modi on Monday said that in a bid to bring relief to over 80 crore people during the COVID-19 pandemic, the government is running Pradhan Mantri Garib Kalyan Yojana to provide free grains and the scheme has...

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Kisan Movement’s Direct Action Defeated not Just Modi Govt, but Imperialist Forces too -Prabhat Patnaik

-Newsclick.in While the farmers’ movement used the political threat of working against BJP in the coming elections, it also resorted to direct action, which is an extreme rarity under neo-liberalism. Particular battles often have a significance that goes beyond the immediate context, of which even the combatants may not be fully aware at the time. One such was the Battle of Plassey, which was not even a battle since one side's general...

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