-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
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Enough cereals, but need to import oil, pulses: Centre to Supreme Court
-PTI NEW DELHI: The Centre has told the Supreme Court that though the country has become self sufficient in production of cereals, it is dependent on imports to bridge the gap between domestic production and demand of edible oil and pulses. Responding to a PIL on increasing farmer suicides in the country, the Ministry of Agriculture said in an affidavit, "India has not only ensured self-sufficiency in most of the agricultural crops...
More »Scam stains famed Chhattisgarh PDS, systemic loot runs into crores -Parivesh Mishra
-FirstPost.com Raipur: Amid Prime Minister Narendra Modi's aggressive pitch for growth and denouncement of the policy of handouts in the pre-general election campaign last year, Chhattisgarh's model of Public Distribution System (PDS) stood out as a shining and welcome misfit. The BJP showcased Chief Minister Raman Singh model of PDS as its answer to the Congress' Food Security Act. Besides the Gujarat model, this was the only model that found mention...
More »Caste determines spending on food, choice of work: NSSO -Rukmini S
-The Hindu How much and what people eat and what work they do differs significantly by caste, new data from the National Sample Survey Office show. However, these differences are likely to be correlated, rather than caused by caste. The NSSO released two new reports this week: one on household consumption expenditure by a social group and the other on employment and unemployment by a social group. The data show that...
More »Jobless figure haunts govt -Subrat Das
-The Telegraph Bhubaneswar: Growing unemployment has come to haunt the Naveen Patnaik government with the number of jobless persons in the state crossing the 10lakh figure. Official statistics show that more than 10.86 lakh jobless persons had registered with the 80 state-run employment exchanges in 2013. Of these, 8,034 were technical graduates, including 6,093 engineering graduates and 303 technical postgraduates. The figure reveals the plight of the state's educated youth as 1.7 crore...
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