In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
More »SEARCH RESULT
Total Matching Records found : 2909
Top 1% of Indians own 40.5% percent wealth, bottom 50% has around 3% - Oxfam Inequality report
Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...
More »Quality fear in rules for foreign varsities -Basant Kumar Mohanty
-The Telegraph Some educationists feel that the proposed regulations might turn higher education into a purely commercial venture New Delhi: Foreign universities ranked globally among the top 500 or other foreign higher education institutions considered “reputed” can set up campus in India and decide their fees, according to the University Grants Commission’s draft rules that also appear to suggest these institutions can repatriate their profits. Some educationists fear that the proposed regulations, uploaded...
More »Teacher shortage in Jharkhand schools, most pupils have forgotten how to read and write, post-Covid survey shows
Jharkhand's government schools have a massive teacher shortage, a survey by Gyan Vigyan Samiti Jharkhand has found. The survey was conducted in 138 primary and upper primary schools between September and October 2022 to assess their condition after the Covid-19 pandemic. Jharkhand's school system was shut for two years, among the longest in the world. Teachers told the surveyors they felt that most students had forgotten how to read and...
More »Adivasis at bottom rung of India’s development pyramid, finds Tribal Development Report 2022 -Shuchita Jha
-Down to Earth India’s tribal communities have been pushed away from alluvial plains and fertile river basins, into the harshest ecological regions, the report notes India’s tribal communities form 8.6 per cent of the country’s population according to the 2011 Census. But they are at the bottom of the country’s development pyramid even after 75 years of independence, according to a new report released November 28, 2022. The Tribal Development Report 2022,...
More »
