-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...
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‘Want MNREGA Funds? Show You Acted on 5 Indicators’: Rural Devpt Ministry Reminds States -Pragya Kaushika
-News18.com The Ministry of Rural Development has written to all states reminding them that they need to furnish action taken reports showing compliance to the indicators set by the ministry to avail funds under the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 (MNREGA). “The assessment of the compliance with the indicators brought in to ensure transparency and accountability in the use of MNREGA funds will be done in October,” said Giriraj...
More »About 300 branches of PSU banks to be opened in these states by Dec 2022
-PTI/ Livemint.com Among these 300 new branches, the maximum number of PSU banks will be opened in Rajasthan with 95 branches, followed by 54 in Madhya Pradesh, 38 in Gujarat, 33 in Maharashtra, 32 in Jharkhand, and 31 in Uttar Pradesh. About 300 brick-and-mortar branches of public sector banks will be opened in the unbanked areas of various states by December 2022, according to sources as quoted by the news agency PTI....
More »Urban jobless rate in 7 states, J&K acutely high -Surya Sarathi Ray
-Financial Express Pan-India unemployment down since the second wave of Covid-19. Even as there has been a steady decline in urban unemployment since the highly infective second Covid wave, joblessness in seven states of Rajasthan, Bihar, Kerala, Uttarakhand, Odisha, Chhattisgarh and Himachal Pradesh, besides Union Territory of Jammu and Kashmir, remained at very high levels, as per the periodic labour force survey (PLFS) data. These states, where unemployment has consistently been higher than...
More »Inclusion success
-The Hindu Business Line The Centre should build on the success of PMJDY to promote other Financial products for the lower sections of society As the Pradhan Mantri Jan Dhan Yojana (PMJDY) completes its eighth year, it is becoming increasingly clear that this is a rare State-initiated welfare scheme that has not just met but exceeded its initial promise. That the scheme has made a material difference to Financial inclusion is evident...
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