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...

-IndiaSpend.com The United Nations projects that India's total population will surpass China's much sooner than expected, but even so, data show that India's population is actually declining, says Poonam Muttreja of the Population Foundation of India Mumbai: "What could women do if they wanted fewer children? They were opting for, amongst other things, abortion," says Poonam Muttreja, executive director of the Population Foundation of India. "Abortion rates as a proxy for contraception...

-Newsclick.in The high healthcare costs were expected to be addressed through the introduction of health insurance by the Union government, but it covers less than 30% of hospital charges leaving a heavy financial burden on the poor. Health outcomes have remained grossly unequal, with India's dalits and adivasis living shorter lives of poorer quality, as per a recent paper published by Oxfam India. Private infrastructure now accounts for nearly 62% of India's...

-NITI Aayog Working Paper, ISBN: 978-81-953811-7-3 Abstract -  The importance of agriculture in an economy usually declines as it climbs the development ladder. Raising agriculture productivity has been known to be an important precursor. Labour productivity in agriculture can either be increased by higher land productivity or higher land availability per farmer and mechanisation. In India, however, the dramatic increase in land productivity through industrial farming has caused severe environmental damage and...

-The Hindu India raises objections to methodology used by WHO to compute excess deaths “Inaccurate,” is how a scientist, part of a World Health Organisation (WHO) team computing the global death toll of the COVID-19 pandemic, described India’s objections to the method used. A forthcoming WHO analysis reportedly computes India’s true toll to be much higher than official estimates. The Union Health Ministry on Saturday, in response to article, “India is Stalling the...