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...

-The Hindu  While farmers suffer due to a lack of minimum support price, workers are also in distress for want of a proper system for wages and social security MORBI/JAMNAGAR: Bharat C. Raval, president of the Indian Salt Manufacturers’ Association (ISMA), started his career as a salt inspector with the Gujarat government. After spending 19 months in the government, he was attracted towards the salt cooperatives initiated by none other than Dr....

The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption.   Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...

-Scroll.in The demand for equitable access to quality education and healthcare should complement agriculture reforms in the country. It has been more than six months since the Samyukt Kisan Morcha – the umbrella organisation representing protesting Indian farmers – ended its 15-month-long agitation at Delhi’s borders against the three farm laws. Some of their demands were met, while their demand for a Minimum Support Price guarantee remains unfulfilled. These developments do little to...

-The Telegraph Research considers expenses arising out of visits to hospitals, clinics and doctors’ private chambers and not those from home visits by doctors New Delhi: Medicines account for the largest share of healthcare expenditure arising out of hospital visits by Indian households, whether seeking outpatient or inpatient services, but health-related non-medical expenses on travel or accommodation too pose big financial burdens, new research has indicated. The study, a comprehensive dissection of out-of-pocket...