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Public sector banks have ensured financial inclusion, finds a new empirical study

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...

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Centre faces cover-up charge over iron rice given to poor, kids -Animesh Bisoee and GS Mudur

-The Telegraph 'Shocking that govt is trying to evade responsibility by issuing circulars that call on state governments to comply with FSSAI regulations' Jamshedpur, New Delhi: Two citizens’ alliances on Monday accused the Centre of trying to “cover up” what they have described as its “irresponsible” and “unscientific” decision to release iron-fortified rice through government food schemes and exposing vulnerable people to the potential health risks of iron overdose. The Right to Food...

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Fortified rice is not suitable for everyone's consumption, state activist of ASHA and Right to Food Campaign

-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA) and the Right to Food Campaign (RTFC) dated 22 August, 2022 New Delhi, August 22, 2022: An RTI response by the Ministry of Women and Child Development reveals knee-jerk and self-protecting measures in the form of a few circulars issued by the Ministry of Food and Public Distribution as well as the Ministry of Women and Child Development with regard to Fortified...

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Why are Madhya Pradesh farmers throwing away their garlic crops? -Rakesh Kumar Malviya

-Down to Earth The production of the allium has doubled in the last decade; Chinese, Iranian garlic with larger cloves in greater demand, say farmers There have been several calls to allow garlic export after several video clips on social media showed farmers from Madhya Pradesh throwing out or burning their crops, allegedly over low prices of the allium.  One clip making rounds showed the crop being dumped into a river, while another...

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Staple spikes: Has an abnormal Kharif 2022 caused rice prices to rise -Raju Sajwan

-Down to Earth The United States Department of Agriculture has said rice production in India may decline by 0.9% in 2022-23 due to uneven rains Rice prices are spiking across India, even in areas where it is the staple. This development comes even as the country has experienced an abnormal Kharif season, with uneven distribution of rainfall. The cereal that forms the staple diet of over half of India’s population has become prohibitively...

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