-The Hindu Multiple bank visits, repeated rejections and biometric errors mar payment system, says study. For most rural workers dependent on the Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS), their labour does not end at the work site. According to a study by LibTech India released on Wednesday, many of them are forced to make multiple trips to the bank, adding travel costs and income losses, and face repeated rejections of...
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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
More »Rajasthan: After a Prolonged Battle, Farmers Get Crop Insurance Claims -Shruti Jain
-TheWire.in In 2018, farmers, who had been denied insurance claims after the Agriculture Insurance Company of India refunded their premiums, filed a PIL before the Rajasthan high court. Jaipur: After almost three years of legal battle against a public sector insurance company and a state-run co-operative bank that arbitrarily denied them insurance claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY), farmers in Rajasthan’s Jodhpur have finally received their share of claims...
More »To understand the outbreak of zoonotic diseases, track human activities causing environmental changes, key message of UNEP-ILRI report
A report by the United Nations Environment Programme (UNEP) and International Livestock Research Institute (ILRI), which was released on July 6th (observed as World Zoonoses Day by research institutions and non-governmental organisations across the globe) this year, says that around 60 percent of known infectious diseases in humans are estimated to have an animal origin. Likewise, almost three-fourth of all new and emerging infectious diseases are zoonotic i.e. these diseases...
More »Scholarship scam spreads to Bihar, ropes in school from Punjab too -Abhishek Angad
-The Indian Express The Indian Express has found several cases of the pre-Matric scholarship being illegally diverted by middlemen in Bihar as well. Gaya, Saharsa: The Scholarship scam, in which money meant for poor minority students is siphoned off, is not limited to Jharkhand, but has crossed state borders. Investigating entries, district by district, on the National Scholarship Portal (NSP) and matching them with beneficiary Bank Accounts in the Public Finance Management System...
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