-Scroll.in The RBI had first flagged serious lapses in the bank’s governance in 2018. The Centre invested Rs 250 crore with private lender Yes Bank in the financial year 2019-’20 even though the Reserve Bank of India had deemed the bank as risky in 2018, shows the financial statement of the Prime Minister’s National Relief Fund. The investment in Yes Bank Fixed Deposit Receipts was made even as Finance Minister Nirmala Sitharaman last...
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PM Narendra Modi launches 35 crop varieties with traits to address climate change, malnutrition
-PTI/ The New Indian Express These special traits crop varieties also include those that address the anti-nutritional factors found in some crops that adversely affect human and animal health. NEW DELHI: Prime Minister Narendra Modi on Tuesday launched 35 crop varieties with special traits -- developed by the Indian Council of Agricultural Research (ICAR) -- to address the twin challenges of climate change and malnutrition. The new crop varieties were dedicated to the...
More »Oil Ministry mulls reinstating subsidised LPG prices, survey in progress -Twesh Mishra
-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...
More »For Small Farmers, is Crop Cultivation Slowly Mattering Less and Less? -Seema Bathla and Siraj Hussain
-TheWire.in Latest survey data confirms the increasing importance of livestock activities, which should come as a signal for policy makers. While the latest decennial NSS 77th round Situation Assessment of Agricultural Households (SAS) shows some improvement in the total income of farmers from various sources, a 10-percentage fall in the share of income from crop cultivation has also Been reported during this period, which should be a cause for concern to policy...
More »IMF’s Issue of Fresh SDRs -Prabhat Patnaik
-Networkideas.org The International Monetary Fund has announced a fresh issue of $650 billion Special Drawing Rights in August which would be distributed among member countries in proportion to their IMF quotas. This amount is less than what had Been demanded by many, which was a trillion dollars, but it does represent a small temporary comfort for the heavily indebted third world countries. Almost all of it will go into the pockets of...
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